Introduction

The inevitable take over of the new morden generation has been so massive, with the aid of technology, work is done quickly and stress free, human and his ecosystem have a closer relationship forced by this new generation. Fine are the days were humans needed to que letters up at the post office just to interact with with another who's not probably near by ,now with the technology around one can sit at the comfort of were ever he is and communicate with any one any were in the world either calling with a mobile device or via social media.

This take over knows no bounds as it has expanded even to value exchange industries, now one can transfer value such as money from the comfort of anywhere he is to any destination it requires so in a nut shell one would say that transaction are now done digitally.

the problem ;

due to the mode of operation of financial industries (banks) and some card companies, the digital makeover paved way for fraudulent acts this is mostly due to the fact that most of this companies would have a power house which biology would call a mitochondria that controls all the data, transaction verification, etc....

The introduction of the blockchain technology came to check those pitfalls with the idea that if all these verification process could be decentralized, it would reduce this scandals but over the years of its existence it's been noticed that the blockchain has its own pitfalls, such things at most of this platform operating on the blockchain technology lack networking so it could create an internet of value., well proof efficiency in short as we proceed you'll get to get a full understanding of my point ;

efficiency ;
it's greatly seen that blockchain laggs behind when it comes to issues of efficiency ,Infact your record shows that most of this card companies such as visa and it's top contemporaries bost of more transactions per second than most of our blockchain based platforms such as Bitcoin , ethereum and to mention but a few.

Energy Consumption ;
Bitcoin uses about 10+ times more elect power comparedto what google does, even ethereum uses up almost 4+ times the amount of electricity google consumes, this shows that this technology consumes an overwhelming amount of energy.

Requires expertise ;
Building, integrating and promoting blockchain products require a high level of professionalism and expertise and this has as well been a bottlneck to the growth of this technology.

value isolation ;
Lucky of liquidity for cryptocurrencies: unlike information, values are independent on each other ,so to build a perfect interaction of value, these values needto be connected to each other.

Bumo ;

To this effect, bumo is a platform with a Vission to eliminate this bottlenecks thus building a trust network where value can flow as freely as information, enhancing high performance and equally creating a network where assets could be tokenized. In a nut shell bumo can be be said to be a ubiquitous trust network that enables for generation and as well transfer of values amongst independent entites.

Bumo aims at enabling efficiency of large number of smart device integration, this bumo initiates by acquiring and processing different data required to initiate a transaction of value amongst different independent economy on the blockchain.

Bucontact ( bumo smart contract) ;

Bucontact are smart contract that are based on the bumo network .Bumo posses an environment where its smart contract are being exchanged ;called the bumo virtual machine buVm, this environment had prepared template which allows users to create high level applications.

source
There are available in common programming language such as Java script, so there would be no instance where one would need to go for tutoring on a special language before they could make effective use of this system.

buVm will also support language like; c/c++, python and other language via web assembly . This smart contract are equally required to ensure that legit decision are made such as deciding how it's data is gotten and prossessed, it would be obvious to say that the system is void of human errors .
This contracts ensure that real world and blockchain values are exchange (coordinated) through bucontract in either this two ways ,firstly;

• the providers of he data would pay some bu-tokens as deposit to maintain his contract. This will help such that the validator and other participants will vote for deduction of deduction of the deposit when any mishaps is detected .
• Another is via bumo oracle ,
  This is a platform that enables the oracle machine to know what amount of data the system requires; this is always obtained by catalysing (triggering) events on the buvm and this event should be returned to the machine after being processed by the oracle machine .

bu-tokens;

This in my words would be said to be the back bone of bumo, and it's value bassed on two criteria :

• The quantity of Bu consumed as fuel in the bumo network.

• The ability to participate in bumo community governance by holding bu

Ways the bu token could be acquired

• Transfer between account (trading)

• Participation in the development of the construction of the building network etc

It's application vary from ;

• Gas -fuel for executing smart interactions
• Book keeping awards -a motivating tip for validator nodes
• community incentives -also as incentives to create infrastructure contribution

In the bumo network any device can become a participant node (any intelligent devices connected to the network)
These nodes can contribute to the Network maintenance ,application development and values creation.

nodes on the Bumo network;

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• Candidate node : all bumo participants have the right to apply to become a Candidate node , but the few best will be selected to be candidate nodes , then this candidate nodes are then put through an election to that a validators node will emerge .
  
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• Validator node ; selected from the candidate nodes, are ones responsible for networking, accounting and recourse management, they receive transaction fees, these nodes are transparent and autonomous.
  That's validator nodes, bear the stress of maintaining the bumo network so it wouldn't be to much for them to become incentivesed. When a user makes a transaction in the platform ,the user us being charged a very (mostly) unnoticeable transaction fee based on the weight of the transaction i.e the contract requirements.

What bumo reliable choice ;

Bumo , makes use of two reliable blockchain cross-chain technologies to perform it's transactions, this makes it such that limited number of consensus node and catalyses storage efficiency.

Bumo comes with ;

• Isomorphic interchain (BuoBits) and
• Isomeric interchain (Bucanal)

This frameworks will achieve concrete connectivity between independent blockchain also ;

• Validity of cross-chain transactions ,

• The Security and privacy of data of users

The transparent and autonomous internet if values will enhance ;

Full use of unused resources thus, nothing is wasted ,

Reduce also; threshold for users .

Consensus mechanism ;
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This platform makes use of a dual lawyer new consensus mechanism also called the bu-firework algorithm . This also stands as a driving force in the effective efficient and dynamic election of validator nodes ,and also ensures scalability, high transactions output and security.

Peer-to-peer networking ;

Bumo utilises the peer-to-peer network technology that was introduced by satoshi Nakamato to ensure that nodes participating in this network have the ability to make transactions in a peer-to-peer manner.

Conclusion ;

The soul aim of blockchain technology which is being able to store value, retrieve it and make transactions with it in a decentralized manner seemed to be slowly defeated due to some undetectable pitfalls but bumo network, as a platform with its laud down Vission /roadmap emerges to completely vanquish those bottlenecks

Use case ;

Senator Etonjnr owns a full/well stocked mall but after some time he realises that this business that's from his pocket rather than increasing It and already he's slowly running out if cash. Friends advice him to undergo a business training and in that course he was Introduced to bumo he went back and made use of it the way he was asked to, and he was able to see all the transactions that transpired in his absence and is able to check the lick, So Manipulation what so ever that had prevailed in his business stopped .

team
etc
partners

for detailed information on bumo Feel free to make use of my references

BUMO Website
BUMO WhitePaper
BUMO TechnicalPaper
BUMO Telegram
BUMO Weibo
BUMO Reddit
BUMO Facebook
BUMO Twitter
BUMO Github
BUMO Wallet
This is my submission for @originalworks sponsored writing contest for participation click on the link below https://steemit.com/crypto/@originalworks/1250-steem-sponsored-writing-contest-bumo

Here is my twitter link
https://mobile.twitter.com/eddyblesseton/status/1052455058846244865

Bumotwitter

Bumo2018