Boboo, the world’s first cryptocurrency exchange to implement Proof of Behavior (PoB) consensus mechanism, will start operations from November 15, 2019. Boboo aims to link high-quality equity assets with cryptocurrencies.
Under the Proof of Behaviour (PoB) consensus mechanism, users will be rewarded with cryptocurrency tokens for various activities on the exchange, starting from registration, log-in, KYC, introducing new users, the volume of transactions and holding of digital assets. Users will be allocated mining power based on the number of tokens held by them.
Boboo hopes that PoB will attract more users to its platform to carry out more transactions that will lead to the growth of the exchange.
Boboo has taken multiple steps to address the security of user’s digital assets as well as that of its trading process. It has provided safeguards in layers and structures to cover the internet, application, mainframe, and data. Boboo has enacted industry-standard protocols for data digital security auditing, digital asset safety, and legal compliance.
Boboo’s core team consists of former employees of firms like Google, Tencent, Baidu, and Alibaba, who have a proven track record in creating a system that protects user’s digital assets and enriches their trading experience.
Boboo’s philosophy on the quality of assets is put-let the market decide. It trusts the users to make informed investment decisions in various digital assets after studying their performance and future potential. On its part, Boboo will practice due diligence by going through all the publicly available information about an asset before listing it.
Boboo will provide real-time investment news, consulting services, and professional investment advisory to help users make better investment decisions.