WHY DIGITALBITS IS WORTH KNOWING (Review)

emmy92 (42)in #blockchain • 5 years ago

In the blockchain world today there are many platforms right from blockchain 1.0 (Bitcoin), blockchain 2.0 (Ethereum) and nowadays blockchain 3.0 which comprises of many blockchain platforms all in a bid to solve Bitcoin issues or Ethereum blockchain issues. These issues comes in the form of low transactions per second (TPS), slow confirmation of transactions which has ended up limiting blockchain to be adopted on a global scale. Yet, these blockchain 3.0 are yet to find a lasting solution which will pave way for blockchain adoption.

But in the midst of all these issues, blockchain technology has succeeded in disrupting many systems of the world thus becoming the trending technology in the world today, to the extent that every corner of the internet has one news or the other about blockchain technology. This feat was made possible owing to its way of decentralizing any platform it is Implemented on, thus offering outstanding security, a cheaper rate of transactions etc.
The blockchain is indeed the next big thing in the world today, thus the need for mass adoption so that all and sundry will be able to participate or benefits in what blockchain offers. In other to drive blockchain into mass adoption, DigitalBits was created by a team of professionals.

WHY DIGITALBITS IS WORTH KNOWING

The team behind DigitalBits is highly experienced thus aiming to build a platform whose aim is to bring blockchain to the masses, that is DigitalBits aims to drive the needed mass market adoption of blockchain technology.
DigitalBits is designed as a protocol layer of the blockchain. The reason for this is to ensure that there is the facilitation of mass market liquidity of various digital assets or cryptocurrencies. DigitalBits protocol layer of blockchain will also be able to integrate with existing consumer applications all in a bid to ensure efficient and easy mass adoption of the blockchain.
One can't be mistaken for saying that indeed DigitalBits is the next generation blockchain platform with the objective of solving current blockchain issues such as low TPS etc through this way ensuring usability and mainstream adoption.
Since low TPS is a serious issue in the blockchain world, DigitalBits aims to tackle this issue by using cutting edge technologies, enterprise-grade processes and the right team.
By leveraging on the right team, cutting edge technologies etc, DigitalBits becomes a blockchain protocol supporting high throughput, on chain trading and transfer. At the same time, it will be a blockchain protocol with multi-hop transfer of assets through this way providing higher liquidity to tokens with no direct marketing.
Another issue in the blockchain world is lack of integration with existing consumer applications, but with DigitalBits being an efficient blockchain protocol it will be able to integrate with existing consumer applications while providing seamless experience and services, drawing new users into the blockchain world while leading to mass adoption.
DigitalBits is designed to be able to draw more users into the blockchain world this is further enhanced through a go-to-market process which is used to tokenize existing digital assets on enterprise programs.

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CONCLUSION

DigitalBits will be indeed a unique, efficient and reliable blockchain protocol designed by the right team with cutting edge technologies, through this way leading to mass adoption while offering the following services;
a. Distributed Exchange (DEX).
b. Multi-hop (Up to 6 hops).
c. 10 TPS.
d. Live Mainnet and Network trust management.
e. AML/KYC tools, Multi-asset supper and FBA consensus.