Digitalbits - Fork of Stellar blockchain

in #ico • 6 years ago

The DigitalBits Project is an open-source programming venture utilized by the DigitalBits blockchain organize. Notwithstanding supporting quick and minimal effort micropayments and remittances,Enterprises are likewise ready to tokenize resources on the DigitalBits blockchain.Users can exchange on-chain and the innovation will consequently exchange with multi-bounce in under 5 seconds.

The DigitalBits blockchain network is for anyone to use. Anyone is able to create digital assets (also known as digital tokens) that are 100 percent portable/transferable on this decentralized network. When enterprises tokenize their loyalty points on this network, consumers will receive points in the form of digital tokens.

Digitalbits have the following advantages:

1.)Loyalty reward points programs
2.)Blockchain where you can trade and transfer on chain
3.)Multi-hop transfer of assets
4.)Multi assets support
5.)Distributed Exchange (DEX)
But the most interesting advantage for people is Loyalty and Reward Points Program on the blockchain.

It doesn't take you too long to understand how DigitalBits works. All you need is to register in the system and start getting benefits now. First, you will see an incredible number of loyal programs that will be available immediately in one place and on equal terms. Secondly, you will get a chance to exchange some loyalty points for others, making an elementary exchange through the internal token of the platform.

Thus, you will have a unique opportunity not to focus on any specific points and promotions from one company, but to receive them simultaneously from different sources, while summing them all in your wallet and exchanging them at a convenient opportunity for any other goods and services available in DigitalBits.

Well, to the whole system interacted harmoniously and completely, the developers have made every effort to ensure a safe, transparent and reliable conditions of cooperation between all participants of the system.

Loyalty and Reward Points program:

Almost 80% of Americans are involved in loyalty program. there were more the 3 and half billions peoples in 2017 and in 2019 these numbers of people are increasing day by day. Most of them already joined Loyalty program and they are ready and interested to join more loyalty programs. tokenize loyalty reward points = digital currency When tokens will created and they can transferable on decentralized digitalbits blockchain and enterprises tokenize their loyalty points on this network then user will receive points as digital tokens. Users can also trade several tokens on the blockchain and also exchange tokens for other tokens with very low fee.

THE DIGITALBITS CURRENCY

As one would expect, Digitalbits has its own currency, which matches by the name Digitalbits. This quality is employed to perform cross-asset transfers valuable, permitting users to exchange varied tokens on-chain while not the necessity for intermediaries. it's unclear if extra use cases can return to the present currency, except for currently, its primary use case appears quite enough.

THE ROAD AHEAD

There doesn’t seem to be any official roadmap for Digitalbits at once. With the developers operating exhausting on building their blockchain infrastructure, it's evident that a lot of news are going to be declared once there's one thing price talking concerning. once the consequent cycle of development can occur may be a bit unclear as of at once.

Token details and ico

The local token of the Digitalbits ecosystem has a ticked “XDB" with a total supply of 100 billion.

XDB markup serves three main purposes, the first being security protection. Each account on the DigitalBits blockchain must have at least 10 XDB markers on that account, which will be account security, account authentication. Second, XDB is a bridge to facilitate transactions between other digital asset pairs that may not have a large direct market. Finally, XDB token can also be used for micro payments and fast and cheap transfers.

With Digitalbits, users will have access to a wide range of loyalty programs and will be provided with the opportunity to exchange some loyalty points for others within the platform by leveraging on the local token. With this system, users will not have to be focused on a specific program from a particular company but can enjoy loyalty programs from different sources while exchanging points for goods and services within the ecosystem.

6 years ago in #ico by
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