Hello steemians friends, this time I bring you my entry to the contest organized by @originalworks and this week is about BUMO, whose goal is to become an infrastrucura that supports millions of transactions per minute through its public blockchain, in order to that asset transactions are dynamic, fast and secure.

An important part of BUMO is that it seeks to use mobile devices as nodes in the blockchain, something that is truly innovative, which would reduce expenses as well as offer profits to those who contribute their mobile devices as nodes .. A real economy!

It also offers a protocolized structure for the creation of decentralized applications, which today are becoming mainstream.

What I like most about BUMO is that we can tokenize any asset, be it electronic assets or real life, all thanks to the blockchain technology, being able to use these tokens on any side of the world in different chains.

How is BUMO built?

the user is the owner of its asset, meaning that all users must be part of the blockchain in order to create the ubiquitous machine, all this requires the participation of users to reach a democratic consensus, then those assets may " Walk "freely between node and node.

How is it made?

As I said at the beginning, the nodes will be made up of mobile devices, which makes us think that anyone can participate in the structuring of BUMO.

However, not all will have the same role:

• Node – Any intelligent device connected to the network; all nodes are transparent and autonomous
• Candidate nodes – All BUMO nodes can apply to be a candidate node; some number of qualified nodes are selected as candidate nodes, these nodes that are put through an election/lottery to become validator nodes
• Validator nodes – Selected from elected/winning candidate nodes, and are responsible for networking accounting and resource management; these nodes collect network transaction fees
  The more devices connected to the BUMO network, the more ubiquitous and transparent the network becomes.

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Smart contract:

Something that is very fashionable these days is the use of Smart contract since it offers multiple benefits, BUMO also offers a smart contract modality:

In a digitized world, innovation is important and BUMO is part of it, offering the tokenization of all our assets, which we can exchange quickly, despite complying with the PoW, PoS, etc. protocols. BUMO successfully solves speed problems as well.

BUMO offers to be able to use any device as a node from which we can collect, transfer, send information in a secure way, security is important since it will be able to work with any kind of clients from those who handle public information to those who want their data to be maintained private.

USE CASE:

Daniel and her husband Cesar have a company dedicated to the healthy lifestyle, where they want to expand to the digital world by creating mobile and Web applications to offer their services as trainers and nutritionist.

Daniel expert in web development and applications is looking for ways to better interact with its users, needs to collect from their cell phones as: steps a day. And you need a tool based on blockchain to transfer the information and know BUMO that allows you to collect such information safely and quickly.

Cesar, who is in charge of making contracts with clients and Daniel's advice, decides to use the Smart Contract modality of BUMO.