DIGITALBITS AN INNOVATIVE PLATFORM FOR TOKENISATION OF ASSET

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Introduction

Hello steemit family please take out time read about this revolutionary platform on tokenization called Digitalbits.

The internet has caused a revolution on global interaction and greatly increased ecommerce. The blockchain is going to cause a disruption in our daily activities e.g medicine, agriculture, travelling, hospitality, banking, insurance and manufacturing etc this is so because of the trustless nature of the blockchain. Agreements can now be on an encrypted ledger launched in a dAPP which agreed parties can sign up or command to perform tasks.

Interestingly, most of our activities are tied to finance or form of value to agree on rendering a service, paying salaries or redeeming rewards. How do we now perform this activities?

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DigitalBits is creating a blockchain platform to tokenise assets and improve the usage and adoption of blockchain. Digitalbits is encouraging businesses to improve on their interactions with their customers by making it easy to tokenise their reward system. Blockchain has shown to be trustless, transparent, accountable and decentralized removing form of fraud from it. This will allow digitalbits incorporate their blockchain dAPP in businesses to meet with their need.

Below is a brief example of how digitalbits platform will work

An enterprise (Airline) plans a reward system for it esteem customers sometimes paying out this reward is difficult and can accrue in millions of unpaid reward mainly because of liquidity of fiat currency. DigitalBits has planned to make this easy by creating its platform where the airline can tokenise the reward and make it easy for payment. First the Airline will request for token which the Digitalbits team will create and give to them, so when a customer buys a ticket and entitled to reward they are issued XDB token. This token can accumulate with the customer and buy another ticket or the customer can trade the toke on an exchange for other crypto currency or fiat. This leaves everyone happy removing the paper or plastic loyalty reward system that might not be redeemable in lots of places. The digital asset will be transferable, traceable and valuable.
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One fantastic feature of the Digitalbits platform is the flexibility of integration with other stand-alone dApps. Incorporating plug-ins and SDKs of other platforms for ease of use and seamless transactions. The thorough put and the scalability of the DigitalBits Platform is also one awesome feature that will keep other platform in competition it can sustain 10k transactions per seconds. Making payment transactions very fast. The cross-asset multi hop payment can allow transactions with other assets.

The Digitalbits platform will identify tokens with the Token Name certification service to avoid mistakes, confusion mis-representation of tokens on the platfor.

Token Economy

From the fork of stellar lumen blockcahin is the digitalBits blockchain. To add fluidity of transactions on the platform is the XBD token which will act as the main currency on the platform. It will also serve as notary to other digital access that can be exchanged on the platform. The maximum supply of the token is 100billion and 35% is up for sale on the ICO. #crypto can be scary but DigitalBits platform is bringing an irrestible benefits of blockcahin on your fimger tip wrapping it all up in an ease to use interface.

To learn more about DigitalBits, please check out the following channels.

Website: https://www.DigitalBitss.io/

Westart: https://www.westart.co/project/DigitalBitss-presale

Twitter: https://twitter.com/DigitalBitssOrg?lang=en

Telegram: http://t.me/DigitalBitss

Ann thread :https://bitcointalk.org/index.php?topic=5026550

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