20190113-DGB's DigiAssets Protocol
DGB's DigiAssets:
This year DigiByte will deliver the DigiAssets protocol.
An eco-system to tokenize the world. Tokenization by DigiAssets means transfer of anything. Counterfeit-proof, immutable and permanent recorded in the DigiByte blockchain, without a security vulnerability.
Since the ICO explosion on the Ethereum blockchain in 2017, the number of platform blockchains has shot up. However, most of them have many weaknesses including scalability, cost, and most importantly security. This means that there is a huge gap in the market. There is a need for a powerful blockchain where business can efficiently build applications on, in a highly secure environment. This is exactly what Digibyte is working on.
One of the Most Secured Blockchains
That’s because Digibyte has all the attributes that most platform blockchains do not have, which gives it an edge in the market. The most important attribute that Digibyte has is security. Digibyte is one of the most secure, if not the most secure blockchains out there. This reputation gives it an edge in terms of adoption by companies looking to raise funding by issuing tokens. That’s because, for any company looking to develop any critical applications on the blockchain, security is a fundamental requirement. This could see the Digibyte (DGB) blockchain gain widespread adoption in the asset tokenization space, and eat into the markets of the blockchains focused on this market presently.
The Most Scalable
Digibyte is also the most scalable.Scalability is one of the biggest problems that platform blockchains face today. Ethereum (ETH) has been struggling with this challenge for some time now, and there is no solution in sight. As for most of Ethereum’s competitors that claim to have solved it, they have done it at the expense of decentralization and security, and that’s not sustainable.
This means that there is a huge gap that Digibyte could fill and take over the market. That’s because Digibyte is not just the most scalable blockchains out there, it is also designed to scale on-chain, hence maintaining its core aspects of security and decentralization. This is powerful and could easily see Digibyte take over as the number one platform for issuing assets on the blockchain.
The asset tokenization market is huge, and has lots of potential for growth. If Digibyte captures it, the demand it will generate will be explosive. When it does, Digibyte (DGB) can easily make it to the top 10.
~Nicholas, Cryptorecorder
Wendy – Sharon Michelle mentioned DGB recently resolved the internal issues regarding to a big project and it is supposed to go up soon.
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