DigitalBits liquidity in accordance with The Hotel Brand

Brambang Goreng
3 min readMar 6, 2019

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Image by DigitalBits Official Twitter

Hello! Nice to meet readers and lovers of crypto, wherever you are. amid many doubts about the future of cryptographic protection, I am convinced that with optimism this doubt will be lost and, I hope, will be a positive step for all of us.

This time I will try to discuss a little the new ICO, which has concepts and tasks for a better future, with me budi691.

I tried a little to discuss ICO DigitalBits to make sure you invest and buy DigitalBits tokens.

DigitalBits is a blockchain-based digital platform that emphasizes its function of expanding blockchain technology to the community. The use of the blockchain is currently considered limited, because only those who are experts in information technology or other related fields understand this system.

Blockchain is widely used to securely protect digital transaction data. This system is trusted to store this data because of the efficiency provided. It has been proven that the blockchain system shortens the transfer time, so that transactions can be executed faster, and also reduce transfer fees, which are usually imposed on the community in small quantities.

There are other advantages that make this blockchain system worthy of use. For business companies and technology developers, DigitalBits helps them provide digital wallets with special brands and digital tokens with names that have been certified. This is considered very interesting, given that there are currently no digital platforms offering this feature. This is a great opportunity for DigitalBits to show their superiority over other digital platforms in order to attract many new users to their network.

Using DigitalBits, users can create their own digital wallets, create banking functions, create smart devices that can conduct transactions independently, and other transactions related to payment transactions. DigitalBits was created using a very complex network of technologies, but this does not make access difficult, especially for users who are just starting out.

Key Future of DigitalBits

The key feature provided by DigitalBits is that the tokens offered have high liquidity in accordance with the HotelBrand customer orientation . DigitalBits will allow you to create a new LRP program for free. They also understand that the system can dynamically scale to serve its global customers. Moreover, they understand that they can start by using the basic application provided by DigitalBitsand then invest in developing a brand-specific application on top of the base application, using its API and SDK. The only thing they carry is a very low transaction fee, the cost necessary to ensure the integrity of the transaction. The fee is used to maintain the system. Therefore, HotelBrand uses the money saved to provide more benefits to consumers, as well as to increase their marketing and consumer activities and, more importantly, to focus on their main product.

DigitalBits creates a new HotelBrand token for its brand and indicates the maximum number of tokens that they would like to receive. When a consumer books a room in one of their hotels, they transfer some tokens to the consumer based on their own internal algorithm. The consumer will immediately see an increase in HotelBrand tokens in her DigitalBits- enabled application , which she regularly uses with other brands. Moreover, she is glad that she does not need to install another application or fill out a form for another loyalty card. Later, the consumer will want to use some of their HotelBrand tokens .in order to vacate a room at HotelBrand, as well as convert the rest into tokens, to take advantage of a discount on your next flight The consumer also periodically chooses to convert some of their tokens to XDB tokens in order to benefit from the growing cost of the DigitalBits network .

“As one would expect, Digitalbits has its own currency, which goes by the name Digitalbits. This asset is used to perform cross-asset transfers of value, allowing users to exchange various tokens on-chain without the need for intermediaries. It is unclear if additional use cases will come to this currency, but for now, its primary use case seems more than sufficient”

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Written By: https://bitcointalk.org/index.php?action=profile;u=1001016

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