WHAT YOU SHOULD KNOW ABOUT THE DIGITALBITS BLOCKCHAIN PROJECT

The cryptocurrency world continues to grow and gain a wider reach. With a daily increase in the inflow of funds, awareness and general usage increasing on a daily. This growth is expected to continue too, considering that after the blip of the previous year, the cryptocurrency boom is picking up this year at a much more faster pace. This is also seen by the continued birthing of new blockchain projects.

Thing is, one of the key ideological presentations of the blockchain is for the ability to combat and provide solutions for more real life problems. While a lot of projects have been put in places to curb these real life issues, they haven't. This is largely because the sphere has been littered with a whole lot of really unserious projects or devs, scams, or projects with no real life use cases.

First, the blockchain has to strive for the mass adoption through the provision of solutions for real life issues for all businesses or personels. For instance, in the real day-to-day business, people struggle to make swift payments, or cross-border payments easily because of the numerous processes, policies and regulations that governs money and other financial assets. Here, the blockchain can provide a means for a faster, secure, cheap and transparent way of making payments that'd eliminate loads of policies, conversion, hidden terms and paperworks.

Digitalbits

What digitalbits does is the goal of making the blockchain attain a mass adoption by creating an innovative way that would spur all various sectors to key into the blockchain ideology and build trust through a full implementation of the blockchain technology in their various industries/sectors.

The digitalbits Project provides a decentralized and interactive way of implementing the blockchain for all businesses that would help hasten the speed of transactions across various platforms and blockchains, at a very minimal cost. Cutting out all the regular delays encountered when making payments. Also bypassing the usually outrageous charges needed to carry out a financial transaction.

Also, considering that the cryptocurrency has limitation when it comes to usage, most people trade their cryptocurrency on exchanges without being able to use them to solve real life issues, The DigitalBits aims to create an easy to use cryptocurrency to solve thwae issues. Users can easily interact with the platform and get a variety of things they can do with their digital assets.

Like it or not, the cryptocurrency equate to money, some really huge sums of money globally. This points to the fact that security of these funds is extremely important. This is why the platform integrates the use of ultramodern security protocols to ensure safety. Also, through the implementation of the tokenization of the platform. This gives the platform a proper structure as an entity on its own with an in-house security system.

The XDB token

The XDB token will help push for the mass adoption of the blockchain by securing people's funds and assets. The token will enable for the usage of some key features of the platform.

With the XDB token, security and stability are guaranteed as each account registered on the platform must have a number of the XDB token staked to keep it valid. This acts like the fuel of the entire ecosystem. Transaction fees will be calculated and paid with the token to eliminate the difficulty of having to pay with currencies that doesn't suit users or ain't even compatible. Also the token will enable transactions to be done between other tokens. This means that other brands tokenized systems can also trade their own indigenous tokens through the use of the XDB token.

The DigitalBits system will be creating a much needed solution for the mass adoption of the blockchain technology. Creating a highly reliable, fast, decentralized, secure, cheap, and transparent platform.

More information can be seen through the use of the following links.

Project 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
Ann Thread: https://bitcointalk.org/index.php?topic=5026550.0

Written by Goodnuel

Bitcointalk username: Goodnuel

Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1304832;sa=summary