BOBO_INFO (OP)
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July 12, 2021, 03:53:55 AM |
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The world of Blockchain is slowly springing up, and Blockchain has been king since it was born.
In 2008, Blockchain was born and originated from Bitcoin. On November 1, 2008, a man named Satoshi Nakamoto published a paper "Bitcoin: A Peer-to-Peer Electronic Cash System", which elaborated the architecture concept of electronic cash system based on P2P network technology, encryption technology, timestamp technology and blockchain technology and so on. A few days later, the block number 1 appeared on January 9, 2009 and connected with the Genesis Block number 0 to form the chain, marking the birth of the Blockchain.
Blockchain has a history of 13 years since it was born, and its development has gone through multiple iterations. Blockchain started from the age of 1.0 with the monetary attribute represented by Bitcoin, to the age of 2.0 developed by Ethereum with the popularity of smart contract and now to the age of 3.0 with the combination of Blockchain and application scenarios.
Attribute of Blockchain contains the following characteristics:
Decentralization. Blockchain technology does not rely on the third-party management organizations or hardware facilities and does not have the central control. Decentralization is the most prominent and essential feature of Blockchain.
Openness. The foundation of Blockchain technology is an open resource and Blockchain data is also open to everyone. Anyone can check the blockchain data and develop related applications through the open interface.
Independence. Based on agreed specifications and protocols, the entire blockchain system does not rely on other third parties, which can automatically and securely verify and exchange data within the system without any human intervention.
However, the essence of the fundamental blockchain is the transaction. With the accelerated development of the blockchain world, the ecology derived from it also needs to be traded frequently. Thus, the transaction block dedicated to serving Blockchain has been officially launched.
Starting from the earliest CEX (centralized exchange), although it has solved the transaction problems of the user, CEX puts the user's assets and the data stored in a centralized database forconvenience and quickness. At the same time, CEX is responsible for holding and protecting all user's assets. Once the database has a problem, the user's assets will be at risk.
The best solution is devolution. If all transactions were fully peer-to-peer, exchanges would no longer have to hold and manage users' assets, whick makes the whole industry more safer .
Dex (Decentralized Exchange) emerges and almost everyone in the blockchain industry now believes that decentralized exchanges are the future of cryptocurrency trading.
DEX (decentralized exchange) is different with the CEX (centralized exchange), it will not put users’ assets and personal data stored in centralized server, but match buyers and sellers of digital assets to do peer-to-peer transaction through smart contract. At the same time, DEX (decentralized exchange) is an important part of DeFi (decentralized finance) .
DeFi (decentralized finance) is based on blockchain technology and password currency to recreate and improve the existing financial system, break the barriers of centralized financial. DeFi (decentralized finance) uses distributed ledger technology, including blockchain, cryptocurrency, money and smart contract, to provide services of loans, financing, stable currency, credit facilities and so on .
The NFT (non-fungible token) driven by Decentralized Finance (DEFI) has been popular in recent years, which constantly broadens its boundaries.
As a non-fungible token, NFT has the characteristics of inseparable substitution and non-standardization. In 2020, NFT ecology was initially formed, and then the emerge of DEFI welcomed its first round upsurge. In 2021, NFT will gradually integrate with traditional art finance, entertainment media and other markets. The diversity of asset forms and its good application scenarios will continuously expand its ecosystem and the spillover effect is also obvious.
Under lots of competitor within booming markets of DEFI and NFT, the emerge of BOBO Japan stands out. The concept of BOBO is not about setting, but to giving. BOBO is committed to creating an open financial world and it does not use any foundation or other organization to maintain and connect its ecological operation.
In the field of financial community, BOBO is embedded in a decentralized exchange to create BOBOSwap. In the field of art community, BOBO is embedded in NFT transaction vouchers to create OpenBOBO. Through the perfect combination of DeFi and NFT, BOBO will become the first new decentralized trading platform in OKChain.
BOBOSwap is an automated market-trading protocol built on the OkChain to build a highly decentralized financial facilities. BOBOSwap adopts decentralized storage and decentralized operation, which fully guarantees the security of assets.
At the same time, in order to meet the diversified chain needs, BOBOSwap will support multi-chain ETH, BSC, Clover, Moonbeam, Arbitrum (Ethereum layer), Avalanche and other multi-chain ecosystems through cross-chain pool and cross-chain bridge to facilitate the growth of diversified blockchain projects.
OpenBOBO aims to create the largest NFT marketplace on the Okchain network and trades NFT products including digital art, crypto collectibles, game items, tickets and so on.
In order to ensure the authenticity of NFT, OpenBOBO adopts double-layer tamper-proof encryption technology to guarantee the authenticity of each NFT. Meanwhile, OpenBOBO has more richer and more diversified transactions to meet the needs of all users as far as possible.
The mission and vision of BOBO is to build a harmonious, cooperative, compliant and harmonious system and ecological architecture under the democratic system. In the future, BOBO will promote the in-depth development of any valuable commercial system, social system, cultural system and public welfare system, and continuously gives itself commercial value.
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