Hi there!

 

_{Link to the @originalworks post} Today i will bring you an easiest way of understand BUMO, a new blockchain project that can easily achieve all the corners of the world.

---

with the arrival of new technologies also appears new ideas and visions of make things more accesible to the mass, the thought of a digital economy right now its a reality and chains like BUMO improves in that.

---

This new proyect can connect with the world using smart devices that are already in the globe, making use of Internet of things, Fintech and the social network industry.

---

its design to be dinamic and works with existing devices, so, can easily achieve connect with people and impact with the new wave of digital economy that is around us, also, one thing that its really interesting it's the capability of 10.000 transactions per second

Key Differences:

• one true key difference its the ubiquitous value transfer vision of BUMO, enabling tokenization of all assets (you name it!)

• Bumo its friendly with people that doesn't know about developing and enables the user to launch dApps

• The centralization of mining its not a problem, BUMO Counts with a lottery system that keeps fair and descentralized the system

• Any device can participate on BUMO and can apply in three roles, Node, Canditate Node and Validator Node
  

  For some large enterprises who have scalability, security and performance concerns about implementing blockchain, how do you think BUMO could help?

• These new technologies are pretty hard to understand for most traditional companies. BUMO can integrate to any kind of business with more speed thanks to its capacity to register 10.000 transactions per second. As a service provider this is a great opportunity that can't be missed. BUMO takes information and speed a step further.

• Thanks to the capability of interact with smart devices BUMO can save money saving cost of hardware that you dont have to bought. (most of the time, you already had the devices to start working on it).
  

  Consensus (PoW, PoS, etc) is always a bottleneck for the transaction speed of a blockchain, how does BUMO solve it?

• BUMO present a new algorithm diferent of the probe of work or stake called "DPoS+PBFT" , PoW requires heavy gears and literally it can be any people in the world without some type of impediment, PoS will treat better people with more money, DPoS+PBFT works dinamicly and every node can be selected due a democratic process.
  

  Why secure transfer of value is so important?

  
  since the world is the world we're doing transactions. In the middle age for example, if you want to trade with another kingdom (we're the kings by the way) let's say you had to feed your people and you pay 1200 gold coins for 1000 cows, you have to go to the other kingdom with a caravan and pay your soldiers (or mercenaries) to go and back with the trade succeded, and that's if you dont get surrounded by enemies in the way that try to stole your values.
  

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

  
  The information here on internet it's everything, a simple click sends data, and if your private information goes to the wrong hands here on internet can be something terrible, we got banks that do the intermediary for us, being the part that legitimate our values on the accounts and manage the process of the traactions bringing us the guarante of the two parts compliment of the contract, blockchain allow us to had a descentralized intermediary that everybody can have access and nobody can cheat, P2P trades that can be done it in secs only with an address.
  

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

  
  Everybody has a smart device in this mordern era, while you read this, otherwise we had PC's on hour houses and we used to be surrounded by electronics all the day in my case i work on a Studio and i see possible to send our clients data by a dApps empowered by BUMO, in that way we can always work in music and have a probe of that it's the work of @smollrecord and avoid legal problems that to the legitimacy of the transactions done it by us to our clients.

---

Truly hope this information gives you a close up about what is BUMO and why do you need to give it a look.

bumo2018