BUMO
What is BUMO?
Bono is a project whose purpose is to create a special network, where values and transactions can flow freely.
To achieve this goal BUMO focuses on the use of smart devices, to improve the movements made by users, providing the opportunity to generate more easily. BUMO connects both smart devices, with user data, and better management of the digital economy.
One of the features of BUMO is that its structure at the enterprise level has the capacity to support 10,000 transactions per second, which is a large number to consider.
Among so many public channels, what are the key differences of BUMO?
Some of the differences between BUMO and any other public chain are the following:
1- Allow tokenization of any asset: What does this mean? That any asset that the user possesses can transform a token, this includes fixed assets, loyalty points, Financial Assets, etc.
2- It allows the user to integrate into the project in an easy way: BUMO allows the user to obtain easy access to this world, it is known that one of the limitations of the companies to implement this new technology is the rigorous steps to follow for its implementation, but With BUMO you are offered the creation of applications for the development of them.
3- Blockchains and their bottlenecks: BUMO has a transaction speed above the other blockchains. The transactions of bitcoin, Ethereum, etc.
For which large companies have problems of scalability, security and performance in the implementation of blockchain, how can you help BUMO?
BUMO offers greater stability in companies from the economic point of view, performance and safety.
To help companies, BUMO provides alternatives for the management of its resources, to create tokens that companies can use for their interests
It increases the performance of companies when it opens new economic areas, generating more traffic and for more growth and greater flow.
The consensus (PoW, PoS, etc.) is always a bottleneck for the transaction speed of a chain of blocks, how is BUMO resolved?
First we must know what the PoW and PoS consensus is. You can read about this topic go to this link: https://www.liteforex.es/blog/for-professionals/que-es-algoritmo-de-consenso-pow-y-pos/
BUMO, having such a fast processing speed of transactions, allows users to perform better, since the various crypto platforms have very low speeds.
Why is safe transfer of value so important?
The securities transferred through BUMO are assets of the company, for this reason, the security granted to the transactions of said assets is of the utmost importance.
In a digital world, how important is the security and speed of the data?
The importance lies in its performance and security, more data flow generates growth. This is a support supported by the system of BUMO presents greater security and reliability to the user.
Since BUMO is not restricted to powerful computers to run nodes, how can mass adoption be helped?
Since BUMO does not need powerful computers for its execution, this favors companies at the time of adopting this new technology, since no complications are required at the time of acquiring this new method. In this way, a massive adoption can be given by companies, seeking to update themselves more and more.
use cases
José is the owner of a custom car sales company, where each time they change their values change, it grows more and more and more.
Jose discovers that BUMO can deal with a large amount of data to find patterns that help determine their prices.
Currently, Jose implements this system in his company for the best data management between block chains.
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