1. EachPod

Digitalbits Foundation - Tokenization, micropayments and cross-asset transfers

Author
Richard Jacobs
Published
Mon 02 Jul 2018
Episode Link
https://pdcn.co/e/dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/findinggeniuspodcast/1530514263926-a5d790878888f56b42d6fd039a650f2b.mp3

The DigitalBits Project is an open-source software project used by the DigitalBits blockchain network. In addition to supporting fast & low-cost micropayments & remittances, Enterprises are also able to tokenize assets on the DigitalBits blockchain. Users are able to trade on-chain and the technology will automatically-trade (with multi-hop) in less than 5seconds. Loyalty points & rewards are one of the asset categories that the decentralized DigitalBits blockchain is able to support. There are over $100Billion in unused points currently in the US alone and 1/3 of points issued each year (representing approx $16Billion in value) are never used.

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