DigitalBits: Blockchain Technology Market Improvement

4 min readApr 3, 2019

Modern retail chains and organizations are actively fighting to attract customers and customers.

A variety of systems and programs are being created that are designed not only to attract but also to retain the buyer. And the seller-buyer relationship is very fragile and unreliable; it breaks off for a variety of reasons. Today, the market has many offers in different price categories, different price-quality ratios and, of course, in a different level of service.

In order to retain the customer, manufacturers create various manipulations, hold promotions, sales, create loyalty programs. This is a fairly powerful tool of the market, and it forces people to compare, choose and dwell on the best option for themselves.

Problems

This model is effective and popular, but in many cases, people cannot take full advantage of it and get all the planned benefits, so they are unhappy. For example, some retailers create programs of monthly accumulation of bonus points, which can be used to buy some goods in the same network. But by the end of the month, some buyers either forget, or for some reason do not have time to exchange bonuses for goods, and these points are burned. Thus, the buyer loses the benefits that were originally claimed. This can not but grieve.

Experts estimate that more than a quarter of the amount that is in circulation of world loyalty programs is not used by customers and users. Often the loyalty programs themselves are designed in such a way that it is difficult to use them fully.

This problem, of course, requires a solution, and it offers a new project — DigitalBits.

Benefits

New development based on technology blockchain. This is a very powerful tool, characterized by reliability, security and decentralization. And he is able to solve many modern problems.

The DigitalBits project will involve both large and small enterprises around the world using loyalty systems. Under this system, users will receive a number of advantages and will be able to fully use them.

Enterprises participating in the project will provide their loyalty programs on equal terms on one platform. Any user will be able to exchange bonus points of their choice using the internal token of the project. The system will allow exchanging shares and bonuses of one company for shares of another, summing them up, regardless of which company they belong to, and purchasing necessary goods or services.

The developers took into account a lot of subtleties and created a project that is distinguished by reliability, safety and transparency of operations.

ICO

The name of the new token is XDB. It belongs to the type of tokens Ethereum ERC20 and released a total of 100 billion. Half of them will be saved and reserved, and half in a special way distributed.

Conclusion

The development of DigitalBits is quite promising and interesting, because it offers a solution to many problems. Of course, this is a big step forward. And since the project will develop, it is certainly worth paying attention to.