introducing in the BUMP project

in #crypto6 years ago

What is BUMO?



BUMO is a project created for the development of a network in which companies can make movements and transactions in a simpler and easier way.

We know that the transactions made by blockchains tend to take, for this reason BUMO attack this deficiency with its ability to make up to 10,000 transactions per second, which is a very high figure compared to the other blockchains.

BUMO has as one of its objectives to make massive the adoption of this technology for different companies, providing new opportunities to them and facilitating their obtaining.

Among so many public channels, what are the key differences of BUMO?

Among the different characteristics of BUMO, we will name 3 that we believe are the most interesting and striking.

1- Its processing speed: It currently has a capacity of 10,000 operations per second. It figures well above the average.
2- It does not need high-end computers: BUMO has the particularity that it does not need last generation computers to support its network, using any intelligent device for the use of the network.
3- Tokens: BUMO supports companies by allowing them to transform their assets into tokens, which they can sell to obtain resources. These tokens are transformed into values ​​which can be transferred and moved for the benefit of the user.

For some large companies that have problems of scalability, security and performance in the implementation of blockchain, how do you think BUMO could help?


BUMO offers advantages to its users, these help them to expand their horizons in the implementation of blockchain system.

With the implementation of blockchain, companies can have greater security and scalability since they have greater alternatives and greater income flow. Which generates growth and solid bases that give security.

Why is safe transfer of value so important?


When we talk about value, we talk about the capital of companies. Therefore, we must take care to the greatest possible degree and give security when transferring these values.

BUMO knows that this is important for its users, knowing that their assets and securities are safe generate greater confidence.

In a digital world, how important is the security and speed of the data?


The management of data security is as important as the management of finances, since we talk about information of great importance.

Since BUMO is not restricted to powerful computers to run nodes, how can this help mass adoption?

BUMO has the distinction of not needing powerful computers for the use of its network, this allows companies to acquire these technologies more easily, since they do not need such a high investment to implement it.

This helps companies gradually adopt these systems, and ending in what will ultimately be a massive adoption by these.

use cases


Various insurance companies need a system that can collect various data to calculate the damages to the houses of their contracts, since in the city a flood happened recently.

BUMO is an alternative for these insurers, since it can obtain the data and calculate the amount to be paid to each of these.

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