DragonBite Whitepaper

DragonBite is a Dapp that allow its users to aggregates all their reward points from many different accounts and manage them in one place. Users can convert their points in BITE, DragonBite utility token, to access crypto currencies. Because Bite Tokens never expire, users rewards can become digital assets, be swapped with other crypto currencies, staked on the dApp and spent via DragonBite debit card. DragonBite is building on RioChain, RioDeFi’s blockchain developed on Substrate (Party Technology) which uses Proof-of-Authority (PoA) for establishing consensus, adopting Substrate’s Aura (Authority Round) and GRANDPA (GHOST-based Recursive ANcestor Deriving Prefix Agreement) consensus algorithms. DragonBite’s dApp will benefit from RioChain speed of transaction, interoperability and scalability to provide its users with the next generation dApp.