Blockchain-oriented projects are creeping out of the woodwork as we tend to speak. Digitalbits desires to introduce a brand-new loyalty and reward program supported by this innovative technology. it's evident that current loyalty systems face some huge issues which is able to not be all that straightforward to resolve.
THE PURPOSE OF DIGITALBITS
Digitalbits desires to create a positive impact on the client loyalty and rewards business within the future. The system presently in situ lets folks collect rewards, nonetheless, most of them go unused as a result of it's not convenient to stay tabs on these items. Retailers ar managing problems during this regard, and customers aren't too happy concerning missing out on reward-based opportunities.
HOW will IT ALL WORK?
Solving the issues inherent in current loyalty programs won't be straightforward. Introducing a redistributed and clear platform may be a positive step within the right direction. instead of wishing on intermediaries to manage the loyalty rewards issued by retailers to customers, the mediator is off from the equation altogether.
Indeed, Digitalbits aims to create all loyalty points 100 percent transportable. The platform are going to be hospitable anyone and everybody round the world, which is able to actually build it rather appealing to lots of corporations. With no pricey intermediaries to modify, the transfer valuable from retailers to shoppers can become simplified and lots cheaper.
Powering all of this is often the Digitalbits blockchain, which might perform cross-asset transfers valuable. Moreover, everybody will produce new digital tokens which might be transferred on the network at least value. All of those tokens are often changed for all different tokens issued on this blockchain through this ecosystem’s native quality.
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.