Ever thought of where the world would be without blockchain or how the world will look like without digital currencies? Well, I tried imagining it but it looks funny or rather uninteresting. The reason is, nowadays I find it interesting when I see or hear news of platforms trying in one way or the other to adopt cryptocurrency into their payment systems, although the movement isn't yet massive but it's a good one. Later on, I made a little research as to know why most platforms are yet to adopt blockchain or cryptocurrency, I realized that it's because of the complex nature of blockchain which ends up making it difficult for users. This is true because in the blockchain world, to access most platforms users must have a certain level of understanding about blockchain and cryptocurrency. Another issue which are limiting most platforms to adopt blockchain and cryptocurrency is that current blockchain platforms are not faster in terms of processing transactions while current payment platforms like Visa is already processing about 150million transactions daily.
Furthermore, to transfer or port from one blockchain to another is always difficult.
Thus these issues end up being a barrier to the mass adoption of blockchain technology and cryptocurrency. But yet, one thing interesting about blockchain technology is the fact there is always a way out, thus a group of individuals with the right skills and expertise aims to solve these problems while driving blockchain technology mainstream.
ALL ABOUT DIGITALBITS
DigitalBits Solutions:
DigitalBits believes that since a high portion of individuals in the world are holders of legacy digital assets, thus it will be necessary to offer tokenization of these assets. Therefore by tokenization of these assets with the aid of blockchain technology, the utility of the assets will be increased while the learned behaviour associated remains intact. Also, to increase the liquidity of these assets which is aimed at coming to pass through mass adoption, DigitalBits protocol is used, thus being a blockchain layer ensures easy integration with existing consumer applications. In the long run, DigitalBits will be able to offer to all and sundry the opportunity to benefit in what blockchain offers as user experience will be improved.
Unique Attributes Of DigitalBits:
The team behind DigitalBits created DigitalBits as a protocol layer blockchain thereby helping to promote mass-market liquidity of various digital assets (cryptocurrencies) while integrating with existing applications, in the end, driving mass market adoption of blockchain technology.
In addition, owing to the way DigitalBits is created, it will be seen as a next-generation project or platform that’s solving the challenges of usability and mainstream adoption of the blockchain. Thus, by utilizing advanced technologies, team and enterprise-grade execution, DigitalBits will succeed in bringing cryptocurrencies to the masses.
DigitalBits is different from what is known as it is an already developed blockchain protocol that can efficiently support high throughput, transfer and trading on-chain. In the same way, it is ready to be integrated with existing consumer applications thus driving new users into the blockchain ecosystem.
CONCLUSION
XDB is the token of DigitalBits platform and will have a maximum supply of 100 billion.
To ensure easy accessibility, DigitalBits will be seen as a go-to-market strategy that tokenizes enterprise programs with existing digital assets.
DigitalBits is designed in such as a way to offer higher liquidity to the token with no direct market through the use of multi-hop transfer.
IMPORTANT LINKS
Westart: https://www.westart.co/project/digitalbits-presale
Twitter: https://twitter.com/DigitalBitsOrg?lang=en
Telegram: http://t.me/digitalbits
Facebook: https://www.facebook.com/DigitalBitsOrg/
Website: https://www.digitalbits.io/
Ann Thread: https://bitcointalk.org/index.php?topic=5026550.0
Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Author: Chuky92
Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2084586