Recently, one of the most search words in technology world is blockchain. It is an immutable and open ledger that record transactions permanently without allowing anyone to tamper it. As promising as it is, there are many challenges facing blockchain even in existing world;

• scalability
• speed
• performance

Source

Tokenization of Asset

Any digital assets can be integrated on the blockchain, but it looks like the robustness of blockchain is not up to users expectations. Financial assets can always be transformed to tokens OK Bumo blockchain.

Easy integration is another important point of blockchain, Bumo allows easy entry to the blockchain, breaking all barriers. There will be many dApps on Bumo that will be user friendly, because developers will be imcentivized for building projects on the platform.

With a transaction speed that is about 100X more than Ethereum, it will encourage any commercial activities without network slowing down.

There is opportunity for creation of tokens on Bumo blockchain, using smart contract. Writing smart contract is really easy on Bumo due to robustness of BuVM, that is; Bumo virtual machine, similar to Ethereum virtual machine.

Almost anyone with a functional node can run a node on Bumo blockchain, the era of large assembly of powder computers is gone. This will eliminate monopoly of hash rate and mining power.

Check these links for more information

Website
Bumo Whitepaper
Bumo Technical Paper
Bumo Weibo
Bumo Reddit
Bumo Facebook
Bumo Twitter
Bumo Github
Bumo Wallet

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