Whitepapers
DigitalBits
DigitalBits
XDB
$0.00260
8.95 %
DigitalBits Whitepaper
Published9/13/2019
Last UpdatedJanuary 2023
Page22
Verified
DigitalBits (XDB) is a protocol layer blockchain also known as "blockchain for brands". The platform was created to support the fast and affordable transfer of consumer digital assets such as branded currencies, non-fungible tokens (NFTs), stablecoins and more. DigitalBits claims that the infrastructure is decentralized, open-source and easy-to-use. The network consists of connected “DigitalBits cores” run by individuals and entities around the world — similar to blockchain nodes. With DigitalBits, users can create payment-related tools and devices. Users launch their digital assets via the DigitalBits network by linking assets to apps from the app store. Tokenization of assets can be used to support audience engagement for brands.

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