DIGITALBITS: BLOCKCHAIN PROTOCOL FOR DAPPS, DESIGNED FOR BUSINESSES

Words
276
Reading
2 min
Listen
Play
7y

IMG_20190408_141940_490.jpg

Blockchain technology is the future. And the decentralized application is getting more acceptance. It's already public knowledge that centralized applications and platforms steal your data and sell them without your contest. This is a criminal activity itself and it has been going on for ages. The facebook-campaign analytical scenario was just an eye-opener. Even when you use centralized platforms that won't do shady deals with your personal data, they can still get hacked and a classical example is Equifax Security breach where over 143 million people personal data was stolen. Your data is important, and of high value(else it won't be attractive to hackers) and that's where decentralized applications have upper hands.
THE DIGITALBITS PROTOCOL
The digitalbits protocol is a 3rd generation protocol design for business to easily create dApps and integrate it into their operations without necessarily changing the way they operate.
The digitalbits blockchain is a fork of the stellar blockchain. Just like staller blockchain, transactions are fast with low transaction fees. On Digitalbits blockchain, the digitalbits consensus protocol is used to achieve consensus. The protocol is a replication of the Federated byzantine agreement.
To prevent Distributed Denial of service attack and spamming of the network transaction fees on Digitalbits blockchain is set as 100nibbs(0.00004 XDB) XDB.
Digitalbits blockchain enables businesses to build and integrate their application with digitalbits. With Digitalbits Software development Kits and API, businesses and brands can easily create brands specific DApps and wallets.
Digitalbits primary target is the loyalty reward industry with the goal to champion crypto adoption and enables business around the world easily use cryptocurrency.

More Information:
Website: https://www.digitalbits.io/
Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Facebook: https://www.facebook.com/DigitalBitsOrg/
Twitter: https://twitter.com/DigitalBitsOrg?lang=en
Telegram: http://t.me/digitalbits
Ann Thread: https://bitcointalk.org/index.php?topic=5026550
WRITER: OGHENEJIVWE PATRICK
BTT: https://bitcointalk.org/index.php?action=profile;u=1718700

DIGITALBITS: BLOCKCHAIN PROTOCOL FOR DAPPS, DESIGNED FOR BUSINESSES | Ecency