The benefits of using Bumo during transactions on the blockchain
Image source: google
With the global world improving everyday, technology wise, the block chain has been adopted by many users to use to store their data and assets.
But then, most users are faced with difficulties while doing this, as during transactions, there transactions are slow, expensive, and unreliable.
Fortunately, a teams of dedicated workers have discovered a platform that can be of help in eradicating all these disadvantages. The name of the platform is Bumo.
Bumo is a platform with the main motive to provide free exchange of value during transactions, plus does this with the network that is very fast, reliable, and of course, the person that wants to buy and the one that wants to sell would be able to do so directly without troubles from a broker or a third party.
More interestingly, with Bumo, users would be able to have a block chain that is a hundred percent decentralized, with the feature of scalability fully intact, cheaper, faster and reliable transactions.
Note that users as many as ten thousands can perform different operations on BUMO at the sane time without anything going wrong as it handles mass adoption properly.
BUMO would definitely overshadow the disadvantages of the mass adoption of the block chain which has been hindering a lot of people from using it.
Take note that the BUMO token holder would definitely become part of the owners of the block chain, and in line with that, through their voting rights, they would have the power to take part in the decision making by influencing its ecosystem.
The many benefits of using Bumo which has been mentioned above are:
It has the ability to send and also accept values.
There would be free flow of assets which would enable transactions get done quicker and easier.
There would be no need for any third party on Bumo. The buyer and seller can be able to conduct a transaction without them being around.
It guarantees as many as ten thousand transactions in a second.
Based on the many benefits that users would benefit from using Bumo, it is therefore safe to say that in a little time to come, it would be well adopted by majority of the people in the globe as new people would become interested in buying and selling values.
My entry to the contest by @originalworks
Bumo2018
This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
There is also a bonus CateredContent Event to earn additional Steem!
You can also follow @contestbot to be notified of future contests!
Hello! I find your post valuable for the wafrica community! Thanks for the great post! We encourage and support quality contents and projects from the West African region.
Do you have a suggestion, concern or want to appear as a guest author on WAfrica, join our discord server and discuss with a member of our curation team.
Don't forget to join us every Sunday by 20:30GMT for our Sunday WAFRO party on our discord channel. Thank you.