What Is DigitalBits?
Digitalbits is a global blockchain platform that is committed to decentralizing the cryptocurrency world. It uses a blockchain network technology with the view to enhancing portability and liquidity of the crypto trading. The company intends to decentralize crypto trading to give more value to consumers, organizations, and business in the portfolio. It has therefore created digital tokens that are easy to use in decentralized global network by giving points to the users.
The platform, therefore, provides Digitalbits, XDB, the native digital asset that can be traded with the tokens and considerably cut the transaction costs of the users, as opposed to the traditional centralized system that charged exorbitant costs on the clients. The platform takes the shortest time for the transaction to be completed.
What Does DigitalBits Do?
The objective of the platform is to shift the centralized mentality of the crypto trading to a decentralized system that is more secure, faster, and non-exorbitant to consumers. The decentralized systems will give more value to the consumers and all the stakeholders in the industry. It, therefore, eliminates the existence of an intermediary in the crypto world.
Until now since its launching, the platform remains a profound blockchain network supporting their loyal clients by providing them with the Digitalbits as the trade medium in the global digital trade. The exercise is rewarding since there are little transaction costs involved by the trading partners. It has thus enhanced on-chain transaction coupled with limited challenges as opposed to the traditional methods. The process is faster and secure for the virtual owing to the advanced security features of the platform.
The main problems that have been resolved by the platform include portability and liquidity through the blockchain technology. The use of tokens have solved the portability problem because they can simply be transferred and trade them with the digital money, the Digitalbits more efficiently.
DigitalBits lockchain Loyalty & Rewards Network Token Features
The company largely portends to cure the broken systems of fraudulent trade in which intermediaries in the centralized system have extortionists on the traders. The main areas of focus by the team, therefore, are the retailers and the consumers. The major feature in the transaction in mending the system is the introduction of the XDB as the digital medium of exchange. The team target inclusion of most retail businesses from supermarkets, hotels and online transactions among other business to embrace the system with no intermediaries. It, therefore, allows for a cross-asset transfer of any form of value. The platform has thus given the universal points to their enthusiast to embrace the transactions.
The platform is instrumental in providing secure, faster, and portable crypto trading around the globe that is less costly through a decentralized system. The system can be accessed by anybody remotely irrespective of the location globally. It offers a valid project since the interests of the retailers, consumers, organizations and all the players in the virtual trade are given a priority. The platform is important since it has settled the friction among the players in the industry returns to the players by resolving the exorbitance and extortion of clients.