The development of technology and computer networks have led to the emergence of new forms of communication. In recent years, thanks to the internet, we entered a new era of communication, where everyone is able to exchange information with people all over the world with the use of a computer or a mobile device, only needing a few clicks to have their message finally delivered, allowing us to be communicated in a globalized market.

In the past, whenever we wanted to buy a product we had to leave the house and go to the store, now with a single click and access to the internet everyone can buy whatever they want and have it delivered to their house immediately.

This digital revolution supplied every seller with the tools to be connected with their customers twenty-four hours a day, and it is up to the provider to position themselves in the market with their product or service, providing users with a shopping platform in the network that is easy to use, makes them feel happy and helps the costumers obtain whatever they want to buy.

It is no longer necessary to have a store or a physical place to sell a product, thanks to this new technology anyone can sell their goods virtually in a global market and reach more people than in the traditional way, now we have the gift of ubiquity (word that comes from the Latin ubique, which means "everywhere").

In the business world it is essential to have the gift of ubiquity, to be where the clients are, but it is also important to generate an impact on them through tools that allow them to have a pleasant experience when interacting with these platforms. That is why BUMO offers its users a ubiquitous network of trust that will allow the digital economy to be scalable, where value can flow like information in networks, offering clear and important advantages to its users.

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It is a platform that uses blockchain technology, whose objective is to create a trust network for the transfer of ubiquitous value using smart devices. In BUMOall assets can be tokenized, such as gaming points, insurance, financial assets, fixed assets, among others. These tokens are easy to transfer and allows them to be commercialized in the global market and in different chains.

BUMOoffers advantages over other platforms as it improves and offers ease of transfer in Internet networks of Things, fintech and social networks. Its enterprise level infrastructure can perform up to 10000 transactions per second, and is already available to its users, enjoying its benefits is an option to consider for anyone that aims to make their business scalable.

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BUMOis very easy to use, it offers tools and a library of design templates so that its users can do whatever they might need, being one of its main advantages the fact that it is not necessary to have technical knowledge for its use. Any person or company without experience in application development can launch their dApps quickly and at the lowest cost, since they do not need to hire staff or a state-of-the-art infrastructure to develop their project.

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BUMOconnects digital assets with any intelligent device and user data in a network of trust, creating an economy where all its users benefit. Smart devices act as network nodes and contribute to their maintenance and development.

The intelligent devices (nodes) in the network are autonomous and can request to be a candidate node to become a validating node. BUMOthrough a raffle selects from the candidate nodes those that will be validation nodes, which will be responsible for the management of resources and accounting of the network. Being chosen a validation node grants advantages, since these nodes charge network transaction fees.

The BUMOplatform provides a decentralized network where all its users have control over the chain of blocks, eliminating the current problem where mining is controlled by a small group of companies.

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Smart contracts guarantee security and trust among the participants when carrying out a business in the blockchain, BuVM (virtual machine BUMO) is where the smart contracts are executed in BUMOand offers its users templates to create applications in a simple way.

BuVM provides an environment where smart contracts are made in common programming languages such as Javascript, it also supports C / C ++, Python and other languages through WebAssembly. All of this gives advantages to its users as they are well-known and easy-to-use programming languages.

BuContract uses validation methods in its smart contracts for every transactions, creating confidence in its participants:

• The data provider generates and maintains a contract through a deposit, the deposit may be lost if the validators consider that the provider is acting illicitly.

• The contract notifies BuOracle the activation of an event programmed in the smart contract, after the oracle processes the event and returns a value, that value is returned to BuVM.

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There are many advantages that BUMOprovides, among which we can mention:

• It keeps digital assets in constant flux, since by creating a ubiquitous value the assets are easy to transfer and can be seen in a global market.

• It is expected by 2020 to have 45,000 million IoT devices connected in BUMO.

• It is a decentralized platform where nodes or smart devices can generate value.

• It will allow fast and secure transactions (up to 10000 transactions per second).

• Act as a huge digital book where data is exchanged without any problems.

• It will facilitate communication between different devices.

• It will eliminate the high maintenance costs of the network.

• It is easy to use and offers tools to its users so they can create their own dApps and develop their projects.

• It has an incentive system to motivate its users to develop their applications in BUMO, they can earn BU tokens based on: the network storage rate according to the type and size of transaction, and when the devices are selected to function as nodes of validation when receiving reward for transactions in the network.

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Peter has a company selling insurance policies in New York, he wishes to expand his business to other cities but does not have the resources nor the adequate infrastructure to do so. Investigating on the internet he found BUMOand discovered that he could develop an application to publicize his business and interact with people around the world.

BUMOoffers you the technical support necessary to develop your application easily and at the lowest cost, in addition it provides you with greater speed in transactions than any other platform. Peter is happy with the results obtained with BUMO, his business is growing and generating a much greater performance.

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The BU token is used in two ways: to be consumed as fuel in the BUMOnetwork and to participate in the governance of the BUMOcommunity.

Among its applications we can mention:

• They are used as fuel to execute smart contracts.

• Incentives for validation nodes, since these nodes receive tokens for being responsible for the management and accounting of resources in BUMO

• Encourage the community to develop dApps to make their projects scalable.

The BU tokens can be acquired through transfers between accounts in BUMO, acting as a validation node, participation through donations in Ethereum to BUMO developers of projects, participation in the development of BUMOconstruction, and others.

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BUMOis a public blockchain for ubiquitous value transfer whose main purpose is to create a decentralized and reliable application ecosystem through the use of intelligent devices. It provides documentation and tools for developers to create their applications in BUMO, which will attract experts and community leaders to join the BUMOecosystem and be part of the success of their project.

The developers will be part of the global ecosystem of BUMOand will obtain incentives for their contributions to the growth of the platform, as well as being able to enjoy the benefits it offers. BUMOthrough the blockchain will build a new business model that will revolutionize the market and create a scalable economy for its users.

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More Information and Resources:

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

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