Introduction
Block chain technology is proving to be a better new era for the coming generations if being adopted. This technology enables several activities to be done without central confirmation which solves a major problem in the Internet. Block chain deals with distributed ledgers that can never be hacked, this ledger which is seen by everyone within the block chain shows how reliable and digitally trust worthy block chain technology is. This shows some level of unreliability because of the involvement of a central authority before transfer can be made. In this recent generation and the one to come, everyone is looking forward to possessing a level of freedom especially when it comes to their finances or values. But presence of central authority is still limiting the full potentials of using block chain. When it cones to block chain, central authorities are not needed, other performs a direct transfer which has digital and technical trust of values and information.
What Is BUMO?
BUMO is called the Ubiquitos Trust Network. It's aim as the name suggest, is to create a decentralized trust network of free-flowing value. It wanted to create an ecosystem of extensive digital trust using the power of the blockchain technology.Bumo enables asset to become valued through the means of tokenization. With the help of tokens, participant would be able to easily transfer values to respective destinations.BUMO manages to unite the internet of things, fintech, social networks and the database of users, in a single set that improves all the points mentioned in the introduction.
In this way BUMO brings the blockchain to everyone, in a first step to be adopted at the social level, in a much easier way than it is today.
Digital trust and distributed besiness
A network where computing, and trust co-exist. In BUMO Ubiquitos Trust Network, all Rights of data belongs to the users, and no one node is above the rest.The problem with the world of crypts are many, such as security, lack of regulation (which this year 2018 is beginning to improve), the great diversity of currencies and the impossibility of knowing for sure which triumphs and which will disappear. estimated that in 10 years he% 95 of cryptocurrency disappear), a huge number of virtual wallets and some only accept one or only a few coins, in addition to having exclusive contracts with certain pages and if you register in these, you have to use a certain purse.
What Is A Ubiquitos Trust Network?
Bumo causes no barrier for the physical world to have a touch with the digital world. It create a free space to which this two facets is been agreed upon to work together. Any nodes or device or digital tool can join bumo network with no conditions or barriers to join.
Bumo has a mechanism where a huge quantity of digital tools and devices are unified. These tools are seen as nodes which is connected or jointed to Bumo network.Security is one of the main concern of a Ubiquitos Trust Network, and any sort of breached is not allowed. This is very important as a breach, or a malicious nide could have devastating effects to a network's integrity. BUMO takes the issue of security very seriously.
The quantity of nodes that are in agreement will enable Bumo to obtain a clear and fair activities in bumo.
Advantages of Bumo
Bumo has the capacity to send valuea to people and also, to receive thia values.Free flow of digital assets in bumo enable transfer of values faster.The use of smart contracts enables parties to have a transaction directly without any central authority.Bumo is able to tokenize any asset.Bumo has its token which is used to measure and regulate the economic processes in bumo.Hyper transaction speed where up to 10,000 transactions can be made per second.Creates enough space for Internet apps to be built on(Dapps)
BU- Token
BUMO have an incentive system that enables, developers, and casual users to earn tokens called the "BU". The BU is the heart of BUMO's ecosystem, and have variety of uses inside the network.The BU like any tokens, and can be used to pay for services, traded, or exchange for fiat.
Bumo allows asset to be tokenize inorder to add and posses economic value to the platform. This token gives participants right to have full proper responsibility over his/her assets.
Token Information
Total Supply: 1,500,000,000 BU
Circulating Supply: 350,000,000 BU
Price: 1 RMB = 1 BU
Token Distribution:% 20 Donation,% 30 Community Building,% 20 Ecological Construction,% 10 Early Contribution,% 20 Foundation Operation.
Conclusion
it is the future of the crypto digital market, and I believe that we should not lose sight of this platform because I most certainly became a titan in its field.
Use Cases
Mrs Precious needs a platform that dosen't use central authority before transfer is being made, so she adopts Bumo, which allow her to directly send values via smart contracts to avoid uncertainty or unreliabilty.
Partners And Investors:
The BUMO team
For More Information
bumo2018
Twitter Link:
https://twitter.com/aarshi91351625/status/1052044109400043521
- aarshi91351625
bumotwitter