An insightful introduction to the DigitalBits Platform.
INTRODUCTION
Over time, we’ve seen a plethora of startups introduce different ideas of how they are going to revolutionize the Blockchain and cause great positive changes in the underlying sector therein. But the truth is they actually do not have the slightest of ideas how to practically do these, all they have are just words on paper and eventually, with time they fade out, taking us back to the Beginning; “Mass acceptance and Integration of Blockchain technology”.
STILL ON THE CURRENT CHALLENGES
This is just sad and pitiful in all sense because; The immerse potentials of the Blockchain technology has still not been fully utilized for the benefits of humanity, there is still a long way to go for mass introduction of current cryptocurrency and Blockchain technology to the world, still some drawbacks in the operation and growth of cryptocurrencies. But not to worry, this is all going to change as a team of highly experienced, efficient, resourceful and successful people have come together and developed a platform that would address all current issues/Problems and make way for the next level of upward growth in the Blockchain technology. The name of this Platform is DigitalBits and I can affirm that they are headfirst in causing great changes(already backed with established developments).
THE DELIVERED SOLUTION
DigitalBits is a project aimed at bringing much-needed improvements to the Blockchain technology at present and also igniting the mass acceptance of the Blockchain technology in all sectors globally. To achieve this, DigitalBits was created as a protocol layered Blockchain. By being protocol layered, it means that there are various structured set of rules that govern the network. This ensures the full efficiency of the Blockchain in making possible the liquidity of various digital assets as well as integration with other existing apps.
FURTHER INSIGHTS
The DigitalBits approach can be seen to focus on the mass and diverse market/structure of the existing loyalty and rewards points system. This has highly been associated with the Digital assets; by participating in loyalty programs by businesses, customers are rewarded with these points or digital assets in this case. Normally people would want to earn for doing the slightest of things, this has seen mass participation in the loyalty program by customers. By DigitalBits tapping into this vast opportunity, it would tokenize the digital assets on the Blockchain Platform and also incorporate them into existing wallets. This would see the on-boarding of billions of users on the DigitalBits Platform, thereby taking a million steps to deliver the mass adoption of Blockchain to the globe as previously said. By Tokenizing the Digital assets;
They would be provision for a digital wallet where all the transactions that pertain to the digital assets can take place.
“Sense of value” as these Tokenized digital assets can now be transferred and spent(single unit) like money.
Possible increase in value thanks to its easy and seamless liquidity ability.
Increase in participation in the loyalty program provided immerse benefits for the businesses as well as customers.
This has been just a brief introduction to the DigitalBits project. In subsequent articles, I would be talking in-depth on DigitalBits. For more information about this project, please visit any of the following links below;
Website: https://www.digitalbits.io/
Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
Westart: https://www.westart.co/project/digitalbits-presale
Twitter: https://twitter.com/DigitalBitsOrg?lang=en
Telegram: http://t.me/digitalbits
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5026550.0
Authors Details
BTT Username: Dogecoin92
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1275172;sa=showPosts