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Learning & News => Announcements [ANN] => Topic started by: Thymoty on April 01, 2019, 01:08:31 PM

Title: DigitalBits - An Economy Reimagined
Post by: Thymoty on April 01, 2019, 01:08:31 PM
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     Introducing

DigitalBits is a platform that supports the development of blockchain technology. The mission carried by the DigitalBits platform is "mass adoption of blockchain technology", which allows each individual or company to feel the greatness of blockchain technology and adopt blockchain technology in their daily lives.

    Abstract

The advent of cryptocurrency and blockchain technology has provided the ability to apply an independent decentralized structural solution from the ground up, rather than to modify or create competing counter-systems to existing corrupt centralized systems. A decentralized economic system is functionally distributed and financially inclusive while creating ‘radical social transparency’as an inherent condition.

2019 marked ten years since Bitcoin—the first ever peer-to-peer (P2P), decentralized cryptocurrency and use case of Blockchain—was unveiled. In a sense, Blockchain solved the decades-long double spending problem that had stopped cryptocurrencies from being created and deployed. And at the initial stages of its launch, many people doubted its potentials. But in the end, the success of bitcoin as it is now destroying this assumption.

The advantages of using blockchain technology have a very positive impact on various industries in the world. But the greatness of blockchain technology has not been widely known throughout the world, and the lack of public confidence in blockchain technology has hampered the mass adoption of this technology.

This is what drives DigitalBits to become the next generation project in the mass adoption of blockchain technology. By bringing together technology, team and enterprise-grade execution, DigitalBits bringing cryptocurrencies to the masses.

    DigitalBits: Enabling mass market adoption of a blockchain

DigitalBits is a protocol layer Blockchain designed to help facilitate mass market liquidity of various digital assets and integrate with existing apps. With the protocol developed by DigitalBits, the mass adoption of blockchain technology can be done easily and quickly.

The DigitalBits protocol;

    It's Built: Already-developed Blockchain protocol that can support high throughput, transfer and trading on-chain
    It's Integration Ready: Integrates with existing consumer applications to drive new users into the blockchain ecosystem
    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
    In the Pockets of Millions: A go-to-market strategy that tokenizes an enterprise program’s existing digital assets.

    In conclusion

We have seen a lot of advantages in using blockchain technology, but there are some obstacles in the adoption process. The DigitalBits protocol was developed for this. A protocol that will help mass adoption of blockchain technology, so that everyone in the world can benefit from blockchain technology.

For more information about DigitalBits, you can send a message to http://t.me/digitalbits

Website: https://www.digitalbits.io/

Whitepaper: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf

Facebook: https://www.facebook.com/DigitalBitsOrg/

Telegram: http://t.me/digitalbits

Twitter: https://twitter.com/digitalbitsorg

Title: Re: DigitalBits - An Economy Reimagined
Post by: jctxtyrb on April 03, 2019, 08:06:33 PM
Written beautifully. "DigitalBits is a protocol-level blockchain designed to promote the liquidity of various digital assets in the mainstream market and integrate with existing applications." But, as I understand it, this expression applies to most cryptocurrency-based trading platforms.