What is DigitalBits Blockchain?

DigitalBits is an agnostic protocol layer blockchain solution that supports consumers’ digital assets, such as branded currencies. The protocol is designed optimally for assets such as loyalty and rewards points, gift cards, and branded stablecoins. DigitalBits allows porting an existing program or launching a new one on-chain.

To support higher functions such as portability, security, and liquidity, DigitalBits believes that tokenizing branded currencies as an asset class are the way to go. It forked the Stellar protocol and thus introduced new modifications while utilizing several Stellar developments.

Why Choose DigitalBits for your Project?

Components of DigitalBits Blockchain

DigitalBits is a protocol layer Blockchain developed to aid in the mass market liquidity of various digital assets and to interact with existing apps in order to drive market adoption of Blockchain technology. Take a look at the primary components that a DigitalBits network has:

DigitalBits Network

DigitalBits Network

Its network is a collection of interconnected DigitalBits core instances which are run by various individuals and entities, these add reliability to the overall network.

Application Server

Application Server

Applications can be built and integrated with the DigitalBits blockchain with the Application Server. These include points programs, wallets, explorer, etc.

Bridge Server

Bridge Server

DigitalBits Network covers receiver-side transactions destined for its end-point, connects to the required federation and compliance server, and accepts the transaction.

Components of DigitalBits Blockchain
Federation Server

Federation Server

By setting up human-readable email-like addresses consumers can easily use app services without going through the hassle of familiarizing themselves with public-key cryptography.

Compliance Server

Compliance Server

The flexible information exchange through the compliance protocol of DigitalBits supports the exchange of compliance information.

DigitalBits API

DigitalBits API

DigitalBits provides wallet source code that can be directly used or easily adapted to create a brand-specific wallet.

Benefits of DigitalBits Blockchain

DigitalBits intends to enable the token economy of the future by integrating existing applications and migrating millions of users to the blockchain. Explore the advantages that set it apart from other blockchains.

Enterprise-grade

Enterprise-grade

DigitalBits blockchain is optimized specifically for assets such as loyalty and rewards points, gift cards, and branded stablecoins at an enterprise level.

Reliability

Reliability

To avoid third-party dependency, transactions happen through a collection of interlinked DigitalBits cores run by various global entities. Its distributed nature adds to the reliability of the network.

Tokens Transfers

Tokens Transfers

DigitalBits enables tracking, holding, and transfer of any asset. The asset is required to have a type and an issuer. When the user creates a Trustline entry in the DigitalBits accounts, it works as a trust for the issuer to hold on to the user's assets in DigtalBits.

Eco-friendly

Eco-friendly

DigitalBits aims to find innovative ways to increase consumer experience, corporate social responsibility, accountability, and sustainability practices.

Native Token

Native Token

DgitalBits’ token XDB is the only asset that does not require an issuer and a Trustline in the network. These tokens can also be traded in for other assets.

Fast Transactions

Fast Transactions

The transactions rate of DigitalBits stands at 10,000 transactions per second.

Why Choose DigitalBits for Blockchain Development?

We have curated few parameters for you to match with your DigitalBits project development, See if DigitalBits is the right choice for your project.

Parameters

Public

Private

Consortium

Anonymous

Speed

Avg Gas Fee

Interoperable

Native Token Support

Value

Yes

No

No

No

10,000 TPS

0.00001$

Yes

Yes

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Use Cases of DigitalBits Blockchain

DigitalBits is a Blockchain protocol layer intended to help ease mass market liquidity for various digital assets and interact with existing apps to encourage market adoption of Blockchain technology. Look at all the business opportunities it can bring to enhance efficiency.

dApps

dApps

Application developers build or enhance custom brand-specific dApps using the Frontier’s Restful API via the web browser.

Process Transactions

Process Transactions

Users can avoid relying on third-party transactions while submitting moreover the DigitalBits core can select its instance of whom to trust.

Staking

Staking

To ensure an account is authentic, each account is required to stake a minimum of 10 XDB. This doubles up as an activation of the send function on the network.

Trade Facilitator

Trade Facilitator

DigitalBits acts as a bridge to facilitate trades between pairs of other digital assets to enable transactions among non-native tokens.

Payment

Payment

Quick and economical micropayments and remittances can be facilitated through the DigitalBits XDB token.

Gaming and Esports

Gaming and Esports

Dignitas is set to leverage the DigitalBits blockchain to power the use of digital assets across the esports and gaming industry.

FAQs

Here are answers to some questions about DigitalBits blockchain that our clients frequently ask. Drop us a word if the answers to your concerns or doubts aren't listed here. We'll get to you within 24 hours.