Introduction to Blockchain Orchestrated Redeemable Asset (BORA)

in boraecosystem •  6 years ago 

Nowadays, in the rapid technologies revolution, internet-based commercial content services such as video game, online social communities, and entertainment require massive and rapid transaction processing. This is due to the massive increment in the number of people joining the program. Moreover, if the program provide high compensation and benefit, the growth in the number of people joining the program will increase rapidly. This growth may lead to transaction performance issues exist if not be taken seriously by the internet-based content providers.

All of the above matters is the reason for the existence of Blockchain Orchestrated Redeemable Asset (BORA). BORA can be said as a blockchain-based platform ecosystem for circulating and stimulating content applications. BORA is also can be seen as a decentralized entertainment platform that focused to distribute digital contents and provide incentives to participants. Bora platform can be used by various types of service providers that deal with content, such as video game, online social communities, and entertainment to provide their services easily and quickly.

The BORA Platform has been designed with a modular architecture that enables independent blockchain execution by the content provider. This ensures undisturbed autonomous execution and prevents noisy-neighbor issue. Users will be given a unified user experience across the various content services of the BORA Ecosystem. Personal identity, account, and assets will be unified and inter-compatible within the platform. Assets and their values accumulated through every content service interaction will be compatible and accepted within the platform. Above all, the BORA Platform has the performance and scalability to reliably process the amount of activities required for these content services.

BORA consists of both unique BORA Chain and Token Economic Structure. It can be utilized in various forms including online and mobile games, digital entertainment, and all other previous fields of business that are better suited for blockchain. BORA will bring advanced and cutting-edge technology for every business as well as whole ecosystem creates greater market value.

It is a win-win situation where Content Providers can gain massive growth of users by using BORA platform while Users rewarded with BORA point as an incentive to joining the program. Moreover, BORA Point can be converted into BORA Token that can be traded that exchanges that listed BORA Token. Currently BORA Token is traded at coinsuper exchange.

May this project success in the near future.
Go BORA!!!

Some of the content of this post are taken from BORA Whitepaper: https://boraecosystem.com/doc/BORA_Whitepaper_1.3_EN.pdf

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!