BUMO. Performance for a new digital economy.

It is a great project that aims to create a reliable network where the value as information flows freely, using intelligent extinguishing devices that are present throughout the world.

By connecting digital assets Bomu is focused on improving the ease of making transfers through many networks within Internet Internet of Things, fintech accompanied by the social networking industries. The lives of people can be improved, by obtaining the benefits of the digital economy by connecting digital assets, smart devices and user data.

This infrastructure is enterprise level and is ready for use, it can support up to approximately 10,000 transactions per second.

It has easy-to-use design tools and templates, this makes it easy to deploy for the electronic application.

Vision of Bumo.

Bumo has a vision to create a new blockchain that will be next generation for transfers that have a ubiquitous value, is prepared for companies to use it and have a high performance.

Bumo has an easy integration.

To have results and be able to achieve the objectives of the integration of the blockchain technology is the implementation.

Bumo gives an alternative of possible processes due to the possibility of being able to carry out dApps launches without any knowledge of development. You can have access to a complete library of spreadsheets that give you an ease of use so you can get the results you need. Giving users what they basically look for a less complex process to what they spend referring to and avoid processes that refer to it.

Evolution in equity.

One of the biggest problems of the block chains is the mining that plagues this system and that maintains a great power and that goes against the true essence of decentralization by taking control over the blockchain.

Through a fair mechanism, I am in the middle of a lottery for validation nodes, so that it can be validated in a decentralized manner in many of the LOT devices that you hope to connect.

There are many limits that exist for a faster development of the blockchain, and its massive adoption as it is currently defined.

Performance; The speed with which transactions are handled platforms such as Bitcoin and Ethereum is below what it should be.

Energy consumption; Proof of work, since mining is too demanding for the energy it seeks and leads to a path of mining through mining groups.

Threshold of the application; Looking for an effective exit for the most effective preparation is organized; the creation, integration and promotion of products that have a blockchain infrastructure, for the best business development.

Isolation of the value. Lack of liquid markets for cryptocurrencies
Composition of the network

For a greater development of network each and every one of the devices can have participation as node this will facilitate so that it realizes a better development of applications and the creation of value.

The roles that the participants in Bumo can assume are:

Node; all the intelligent devices that are connected to the network, each and every one of them are independent and transparent.

Node everyday; each one of the Bumo nodes can be a daily node, you can request it and in the middle of a verified raffle and they become validation nodes, the winners have the responsibility of resource management and network compatibility, they can obtain profits when they charge fees of network transaction.
If more devices are connected to the Bomu network, the network will be more ubiquitous and transparent.

Bumo offers a large number of benefits that are very useful for massive technological advances.
It has a free flow of digital assets, new magnitudes of value for all users through the circulation of domains for the intelligent value of ITO Bumo.

Token be BU

This value is based on two factors; the first one is based on the amount of BU that was consumed through the fuel in the Bumo network, the second is based on the layers that there is to govern the Bumo community by keeping BU.

BU applications include but are not limited to:

• Gas: this symbolizes fuel and is used to perform the interactions of smart contracts.
• Bookkeeping Award: the validation nodes may have their incentives.
• Community incentive: a motivation will be made for all developers with incentives for the creation of infrastructure contributions.

BU, can be acquired by:

• Validation node, which charges a transaction fee through gas.
• Transfers between accounts within Bumo referred to purchase and sale.
• You can make donations in Ethereum to Bumo project developers.
• May have participation in the development of Bumo ecosystems' construction.

More Information & Resources:

BUMO Website
BUMO WhitePaper
BUMO TechnicalPaper
BUMO Telegram
BUMO Weibo
BUMO Reddit
BUMO Facebook
BUMO Twitter
BUMO Github
BUMO Wallet

This publication is for participation in the contest organized by @originalworks, using resources, Mubo.

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