BUMO · Ubiquitous Value Transfer

OBJECTIVE OF BUMO

Its objective is to create a decentralized application ecosystem with a wide digital confidence, a free flow value and applications to share in public.

BLOCKCHAIN ​​AND THE INTERNET VALUE

The internet has been a network of information that is used to transmit information at low cost. However, you can not perform a point-to-point value transfer. The internet depends on the accounting of the central authority. The network can provide a reliable account function, the delivery of value should not depend on the central authority but the transfer from point to point directly.

BUMO AND BLOCKCHAIN

Blockchain is a technology that can change many aspects that will influence people and companies. They have been involved in all the moments of the last technological transitions.
One of the challenges of blockchain is to build an ecosystem, where you can agree on a set of rules or standards that define the business model in a collective way. So BUMO together with Blockchain come together for ubiquitous value transfer.

CONTRACTS OF PUBLIC BLOCKCHLER FOR UBICUO VALUE TRANSFER:

• Ubiquitous trust network

Creating trust is something important for Blockchain. In this case, trust is based on ubiquitous machines. The ubiquitous machines can occur when using any device, in any location and in any format- The rights of the data belong to the users themselves. All nodes are involved in Blockchain maintenance.

• Reliable value transfer system

Digital trust is the link between the virtual and the real world. A ubiquitous system of trust will be established. Online value flows will become ubiquitous as well.

• Ecosytem DApp of public exchange

Digital identity, Tokenization protocol, Transfer of value, Decentralized transactions, In-DApp exchange, etc. Distributed applications will also be ubiquitous. They were omnipresent too.

TECHNOLOGY THAT OFFERS BUMO

"BUMO is a new generation of public chain for companies. Build an Internet infrastructure that can move value through central technologies such as BU Firework, BU Orbits, BU Canal and BU CodeMach. "

• Improved two-layer consensus protocol

The innovative DPoS + BFT consensus algorithm for multiple two-layer chains. A multi-child structure is supported and the selection of validators is dynamic. It will improve transaction processing and address diversified scenarios.
BFT.- This algorithm has as main objective to reach consensus within a group of people.
DPoS.- With this system a compromise between capacity and decentralization is reached. It is capable of competing with centralized systems.

• Two-layer polymorphic architecture for a multi-child block chain

The multi-child blockchain system is presented with a two-layer multiform structure, in which "two layers" means the main chain and the secondary chains, and "multiform" means the different technical characteristics between the main chains and the chains. secondary chains.

• Inter-Chain for the Value of Routing through Blockchains

Bridge of different main chains. Both homogeneous and heterogeneous Blockchains can be connected. The value can be routed between different main chains. InterChain links the main chains, just like the traditional Internet router.

• Smart Friendly Agreement for the Developer

To facilitate the development of the intelligent contract, the popular programming languages are extended, such as JavaScript, C / C ++, Python, etc. A reliable data source for the intelligent contract is proposed. The intelligent contract is complete.

THE ARCHITECTURE OF BUCHAIN

"BUMO is a new generation of public chain for companies. Build an Internet infrastructure that can move value through central technologies such as BU Firework, BU Orbits, BU Canal and BU CodeMach. "
Developer
The developer provides a blockchain infrastructure public service, building a reliable network with global developers.
Once the developers document and use the development tools, they will be able to know and understand the technical architecture and the BUMO system.
BUMO will attract more prominent developers, industry experts and influential leaders to join the project. They will be important in the global ecological development of BUMO.

TOKENIZATION PROTOCOL

The chain of blocks can be used with two APT and CTP token protocols:
• Account-based Tokenization Protocol (ATP)
• Contract-based Tokenization Protocol (CTP)

Account-based Tokenization Protocol (ATP)

Users can issue tokens quickly and efficiently, even if they do not create intelligent contracts, by calling the corresponding operation interface of the BUMO block chain.

Contract-based Tokenization Protocol (CTP)

For more complex applications, a contract-based token-issuing feature can be used. BUMO defines the contract token standard to meet the compatibility of different applications, such as wallet terminals and transaction markets.

BUMO WALLET

"BUMO provides you with a practical and portable wallet customer."

• Key pair generator.

It provides open source development tools for users, and creates blockchain account addresses directly.

• Quick wallet

Quick Wallet is much faster because it does not need to store all the data of a complete node. Quick Wallet also provides extensible technical support. "

More Information & Resources:

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