DigitalBits: A Trading Layer For Digital Assets

Introduction

Today, people dont appreciate the vision for cryptocurrency around the world but in the year 2017 Blockchain has become a target in fintech, and government fields is now a stragegy for more customers and more in-depth interest for its possible applications in different industries and business areas, they have also impacted on digital platforms which are thesame for the establishment of a comprehensive digital strategy for every company and every organizations. A digital platform needs a strong structure in order to facilitates its features and usabilities.

Presently, cryptocurrency market has a serious challenges in its process. Ethereum and Bitcoin prices is at a very low price and transaction processing times remain low, mining rewards are falling also and idea solutions for the issues of scaling and energy inefficiency are still far from implementation. This growth and development go against the established expectation that the economy is about to go through a fundamental shift, becoming more decentralized.

About DigitalBits

The DigitalBits can therefore be seen as a network that helps in collection of connected DigitalBit cores run by various individuals and enterprise across the globe. Examples of the DigitalBits core add reliability to the overall network. However, the digitalbits might agree to have a Frontier server for communication in order to be able to have access to the DigitalBits Network.

The Digitalbits network remain reliable and safe through its distributed nature. All these DigitalBit cores within the network actually choose on sets of transactions. Each transaction on the network costs a small fee of 100 nibbs (0.00001 XDB). This fee helps to prevent bad actors from spamming the network. 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 as nothing to do with centralized middlemen in order to be able impose excessive fees. It is clearly stated that transfers will only take some few seconds and require only a nominal fee. The DigitalBits Foundation also maintains archive servers with live backups of the current state in the network in order to help facilitate a new DigitalBits cores to come in sync with the current status of the network.

Features of DigitalBits

The DitalBits is built: The developed Blockchain procedure can support the high throughput, transfer and online transactions in its process.

The DigitalBits is Liquid: Lots of assets are transferred (up to Five steps apart) in order to help provide higher and better liquidity for tokens even if no direct market exists.

Integrated availability: Integrate with existing consumer applications to direct new users to the blockchain ecosystem that is more simple and reliable.

In the site of Millions: Market access strategy to tokenize the existing digital assets of the business program.

Token information

The DigitalBits blockchain network is always available for the use of everyone who are interested. Anyone is able to create digital assets (also known as digital tokens) that are 100% simple /transferable on this decentralized network. When enterprises tokenize their loyalty points on this network, consumers will receive points in the form of digital tokens.

Ticker: XDB

Total supply: 10 billion

Price: 0,004 per token

Token Distribution:

10% Grantand Partner Programs

5% Air Drops

50% Algo Pool

10% Qualified Person Token Sale

15% Founders Team and Advisors

10% future use by foundation

Conclusion

DigitalBits stands to be an open-source project that helps in surpport of the establishment of blockchain technology by enterprise. The technology enables enterprises to tokenize assets on the decentralized DigitalBits blockchain and it helps to make transfers and trade those tokenized assets on-chain and however, enables a fast payment and remittances.

Useful links

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

Author Details
BTT Username: Oyimeelijah
BTT Profile URL: https://bitcointalk.org/index.php?action=profile;u=1982524