Nebraska News Desk

The leader of blockchain development in 2018 – Fomo World

November 07
21:45 2018

It is no exaggeration to say that the blockchain revolution is similar to the Internet, and its status today is similar to that of the Internet in the early 1990s. At that time, who knows what the Internet is? As long as the company hangs the domain name of “.com”, it will fly. In the end, it led the transformation of individual fields, which led to innovation at all levels of society, economy and culture. The same is true for blockchain projects. Fomo world is the first game based on blockchain rules that will lead and guide the development of blockchains.

Every round of change has technological impetus, such as cloud computing, big data, the Internet of Things, and the most talked about artificial intelligence. Moreover, these technologies are all based on the accumulation of technology in the past, and they are erupting step by step. The Internet solves the problem of “information” asymmetry, which conveys information; the blockchain solves the problem of “trust” and conveys “value.” In comparison, the blockchain and other technologies are not very relevant, and can even “recreate” the underlying architecture of the Internet, re-changing the shape of the company, the form of investment and financing, and business transformation.

This is the greatest and most exciting place. The Fomo world model is formally based on solving the problem of trust, and the value of the delivery has made countless members pay attention.

Fomo world mode “distributed”, “decentralized”, “asymmetric encryption algorithm”, “common maintenance”, “programmability” and other technical characteristics determine that the Fomo world mode is different from traditional Internet projects, perhaps subversive.

Conventional rule cloud computing is not really “distributed”, relying on cloud data centers AWS, Microsoft, Alibaba Cloud, etc. Fomo world can be “decentralized”, multiple identical copies exist in multiple nodes, and there is really no data center hosting. It’s not a point-to-point delivery, it’s a global broadcast, and everyone can receive it. Only people with a “key” can open it.

Now e-commerce transactions require middlemen or platform operators such as Taobao and Jingdong to ensure the security of funds and solve the problem of trust; in the future, it is directly “peer-to-peer”, and Fomo world has no “smart contract” and is not afraid to pay. Of course, the scene can be more varied. The combination of smart contracts and the sharing economy and the Internet of Things can dictate when, where, and who is doing what. After renting a house or a car for a specified period of time, it will be automatically fulfilled, and there is no need to worry about time.

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