DigitalBits - Brings Blockchain Innovation For Mass Market Adoption

in #blockchain5 years ago

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Today in this competitive world every business wants to attract more customers and to do so there are many solutions available in the market but we are now reaching towards saturation. There are many vulnerabilities are present between buyers and sellers and the market is on the edge of collapse for any reason. This is because there are many similar solutions are available for a particular type of business.

Businesses are now searching new ways for attracting and retaining their customers with special loyalty programs. This trick successfully helped businesses to retain their customers as they offer customer oriented service, thus customers are approaching to their favorite store. Here both customers and businesses are happy to offer and receive best service possible through the conditions of loyalty.

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Problems

Despite the huge popularity and success of loyalty model business system, many people feel negative about it as they did not received full benefit of loyalty programs. This type of problem has been faced by many buyers over the years. To understand this problem let's consider an example,

People love to buy groceries in supermarkets, everytime they purchase something they receive loyalty points on it. They collect these loyalty points thinking that they can buy their favorite item by redeeming these points. But here people forget the terms and conditions of the loyalty program offered by the supermarket is that these points expire every month. And thus people lose their collected loyalty points by not redeeming at the end of the month and thus could not get benefits from it.

According to the reports the global loyalty programs annual turnover is about 50 billion US dollar and out of which almost 16 billion US dollar is unused by the participants. This shows that the classical loyalty system have many challenges which needs to be addressed immediately. Thanks to DigitalBits project which is committed to solve this problem.

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About the project

DigitalBits is a decentralized blockchain technology powered platform which will provide solution for above mentioned problems. It is worth to note that DigitalBits blockchain protocol can be easily implementable in existing applications which boosts the mass adoption. It brings all businesses together improves the loyalty program and thus all the market participants will get benefited.

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Features and benefits

DigitalBits provides simple and clear platform for getting started. All you need to do is simply register on the platform and you will see huge number of loyalty programs all at a single place, users have many options to choose from. DigitalBits also provides an elementary exchange where users can exchange their loyalty points and also with DigitalBits platform tokens.

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It is worth noting point that users can either simultaneously earn from different company loyalty programs or can only focus on single loyalty program. Thus users can collect and store all their loyalty points in a single wallet and they also have the opportunity to spend these points for purchasing goods and services.

All operations on DigitalBits platform are fully transparent, secured and reliable. It provides user oriented clear and simple interface that participants love to access it.

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ICO details

• Token ticker: XDB
• Token platform: ERC20
• Total tokens: 100 billion

Token distribution

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Conclusion

DigitalBits is a very interesting project which can bring a revolutionary change in the loyalty program sector. It has focused on both businesses and customers. It will solve many loyalty sector problems and allow customers to easily earn, store and spend their collected loyalty points through a single platform. This removes the complexity present in the loyalty programs. Users can manage their all loyalty points portfolio's through a single wallet. It is worth to note that DigitalBits platform has highly experienced professionals who has the capability to drive the project to success. This project needs much public attention and I wish all the best for this great project.

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Learn more about DigitalBits:
Website: https://www.digitalbits.io
Read Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Lightpaper: https://www.digitalbits.io/resources/digitalbits-lightpaper/
ANN thread: https://bitcointalk.org/index.php?topic=5026550.0
Telegram: http://t.me/digitalbits
Facebook: https://www.facebook.com/DigitalBitsOrg/
Twitter: https://twitter.com/DigitalBitsOrg?lang=en
LinkedIn: https://www.linkedin.com/company/digitalbitsorg/

About Author:
Bitcointalk username: Abhijeetcg
Bounty0x: abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary
ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d

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