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Home bitcoin blockchain ethereum ico DigitalBits” project to potential platform participants and those who are interested in contributing to its development

DigitalBits” project to potential platform participants and those who are interested in contributing to its development

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We will provide Article to present the “ The DigitalBits” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

This Article fills the gap in the state of the art by presenting the DigitalBits blockchain powered infrastructure that builds a bridge facilitating the implementation of new technologies to support and enhance our every day life interactions as well as foster blockchain mass adoption. The DigitalBits blockchain allows for easy asset-tokenization using a transaction and trading layer for the point economy.

We present a loyalty- and reward points focused running case, detail the advantages of the system, outline the requirements and goals, as well as the architecture of the DigitalBits network and ecosystem. In addition, we present the on-boarding process of digital assets and the asset tokenization which is an indispensable functionality of our platform. Furthermore, we introduce the novel idea of the token name certification service (TNCS) that prevents malicious network entities from issuing and distributing illegitimate tokens of assets that they are not associated with. Finally, we present the XDB token value proposition and the surrounding token economy ecosystem that fuels the platform.

The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.




DigitalBits™ is an open-source project supporting the adoption of blockchain technology by enterprises. The technology enables enterprises to tokenize assets on the decentralized DigitalBits blockchain; transfer & trade those tokenized assets on-chain; and enables fast payments & remittances.

The DigitalBits Foundation supports the DigitalBits open-source project by providing development resources, infrastructure, events and education. The Foundation’s vision is to see the DigitalBits blockchain help solve portability, security and liquidity issues with certain digital assets, such as Loyalty and Rewards programs, and help generate additional value for consumers, businesses and certain charitable organizations.

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.


Users can trade these various digital tokens (e.g. token A for token B) directly on-chain along with the blockchain’s native digital asset called “digitalbits” or XDB. The decentralized DigitalBits Network requires no centralized middlemen to impose excessive fees. Transfers take only a few seconds and require only a nominal fee.
Using the DigitalBits network, you can build mobile wallets, banking tools, smart devices that pay for themselves, and just about anything else you can dream up involving payments! Even though DigitalBits is a complex distributed system, working with it doesn’t need to be complicated.

API: Frontier
Most applications interact with the DigitalBits network through Frontier, a RESTful HTTP API server. Frontier gives you a straightforward way to submit transactions, check accounts, and subscribe to events. Because it’s just HTTP, you can communicate with Frontier using your web browser, simple command line tools like cURL, or the DigitalBits SDK for your favorite programming language.


THE BLOCKCHAIN PARADIGM SHIFT
  • Enabling mass market adoption of blockchain DigitalBits is a protocol layer Blockchain designed to help facilitate mass market liquidity of various digital assets and integrate with existing apps to drive mass market adoption of Blockchain technology
  • It’s Built: Already-developed Blockchain protocol that can support high throughput, transfer and trading on-chain
  • It’s Liquid: Multi-hop transfer of assets (up to 6 hops apart) to help provide higher liquidity to tokens even if no direct market exists
  • It’s Integration Ready: Integrates with existing consumer applications to drive new users into the blockchain ecosystem
  • In the Pockets of Millions: A go-to-market strategy that tokenizes an enterprise program’s existing digital assets.
  • Inside the pockets of millions
  • DigitalBits is the killer application designed to pull millions of users into crypto.
  • DigitalBits Blockchain

GO-TO-MARKET STRATEGY



JOIN THE BLOCKCHAIN REVOLUTION
The DigitalBits Network is supported by an ecosystem of technology partners, integrators, businesses and charities.
Technology Partners — Technology companies looking to integrate a new/existing technology product or service with the DigitalBits Network.
Integrators — Service providers looking to deliver an emerging and value-added service to their customers. 
Businesses — Businesses looking to utilize the DigitalBits blockchain for: the tokenization of digital 

Token


Founder


The DigitalBits blockchain organize is for anybody to utilize. Anybody can make advanced resources otherwise called computerized tokens that are 100 percent compact/transferable on this decentralized network.When ventures tokenize their dedication focuses on this network,consumers will get focuses as computerized tokens.
Clients can exchange these different computerized tokens and specifically on-chain alongside the blockchain’s local advanced resource called digitalbits or XDB.The decentralized DigitalBits Network requires no incorporated agents to force inordinate fees.Transfers take just a couple of moments and require just an ostensible expense.

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