DIGITALBITS - DRIVING MASS CRYPTO ADOPTION ACROSS THE GLOBE

2017 was a great year for Blockchain, initial coin offerings (ICOs) raised billions of dollars in capital.

Bitcoin(Blockchain based cryptocurrency) during its ICO launch in 2017, caught the attention of developers, tech enthusiasts, investors and a lot of optimism was generated about the future of blockchain technology.

THE PROBLEM

Cryptocurrencies

However, despite Bitcoin’s numerous awesome features, it has not gained widespread adoption. A lot of people have heard of Blockchain but still don’t know how to use and what to use it for. In fact, only 1% of the digital world uses cryptocurrencies daily.

Decentralized Applications

Dapps similar to cryptocurrencies are offering apps with decentralized control(through open-source software and decentralized servers) and introducing concepts such as censorship resistance and true asset ownership.

Once agin, Dapps, just like their crypto counterparts, suffer the problem of mass adoption. Data from dappradar.com(Playstore for decentralized apps) has shown that from all 2000+ dapps on the store, they’re approximately 500K daily active bitcoin accounts and 400K daily active ethereum accounts. Comparing those numbers to Facebook’s 1.5Billion active users per day, the full story of how consumers prefer existing applications to Dapps has been narrated.

It’s no more unpopular opinion that blockchain based technologies needs to start focusing on mass adoption else it will end up as one of the great technological innovations of our age that failed to break its shell.

SOLUTION

DigitalBits aims to drive the widespread adoption of blockchain technologies and close the gap between mass adoption and everyday use. The project is focused on driving widespread market use of blockchain thereby driving cryptocurrencies and decentralized apps to the masses.

DIGITALBITS FEATURES

• DigitalBits has already been developed.It has high throughput, allows for up to 10 tps(transactions per seconds) and supports trading on-chain.

• It supports Multi-hop transfer of assets (with 6 hops apart).

• Better still, its easy to integrate DigitalBits to existing consumer apps to attract more consumers to the blockchain ecosystem.

• With their Enterprise Goto Market strategy, DigitalBits supports Decentralized applications. This strategy allows users interact with blockchain without even knowing it.

THE FUTURE

DigitalBits technology would be a portal for millions of non-blockchain consumers. Thereby, solving the problem of mass adoption and empowering the future of tokenization and decentralized applications.

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/
Twitter : https://twitter.com/DigitalBitsOrg?lang=en
Telegram : http://t.me/digitalbits
Ann Thread : https://bitcointalk.org/index.php?topic=5026550

Authors Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=914980