MAIN FUNCTIONS THAT ARE SUPPORTED BY DIGITALBITS

DigitalBits is one of the digital platforms that carry the function as a medium for exchanging digital assets. because of this function, this platform indirectly acts as a liaison between the community and the new civilization of the financial transaction system. The system that has only emerged in the past decade has provided significant changes in the trade sector. This is because the financial system run by DigitalBits is digital so that all actions needed during the transaction are carried out through a digital system. this function has made it easy for the community to fulfill their life needs. Although initially the digital financial system can only be felt its function in transactions in online shopping, but now the community has been able to take advantage of the functions of this system in their daily lives.

DigtalBits designed a technology called blockchain. This technology is generally used by many other digital platforms that contribute to the functioning of this system. Blockchain technology is believed to be able to improve transaction stability and guaranteed process security. This is supported by the decentralized nature of this system that makes this technology capable of fully supporting the functions of the DigitalBits platform. Every digital transaction is done through the DigitalBits network that applies the smart contract concept. This concept will further enhance system effectiveness in carrying out transaction agreements in accordance with programmed logic. The concept of a smart contract will permanently store each transaction data that contains the terms of the agreement, cryptographic authorization, and integrated value transfers.

Smart contracts also provide security for transactions carried out through this platform. by applying blockchain technology in it, DigitalBits further enhances the performance of this concept. Smart contracts can be stored securely within the blockchain technology network and every letter written in them will not change. This is a manifestation of the main nature of blockchain technology which is able to provide protection against data security through data preservation. any data that has been stored on the blockchain network cannot be changed again according to the wishes of the other party. every data generated through digital transactions that have taken place is true and valid in accordance with what happened in the field. This permanent data will be forever stored in the form of how the data was first stored. This provides benefits to avoid unwanted risks that can harm each party.

Smart contracts created by DigitalBits will directly integrate the transaction process by hastening the sending of digital assets from one user’s wallet to another user’s wallet. the process speed is something that is expected by every user of their platform to provide better time efficiency. DigitalBits composes each of its program concepts which as a whole refers to a main goal, namely to make its digital platform the most reliable platform to handle all digital financial transactions in the world of cryptocurrency. This platform also wants to expand the influence of this system to various other groups of people who currently do not know for certain about the digital financial system.

The impetus for the enormous desire to realize the digital financial system so that it can be accepted throughout the world arises because of several problems that often afflict the public in terms of the financial system. Often people are not satisfied with the services they get from financial authorities through services that have not been fully maximized. They consider this because in general the current financial system applies complicated and burdensome rules to the community. although the rules are made with the aim of facilitating each stage of the process, the community sometimes still does not have the understanding that is in accordance with the target. In the end, the rules that originally showed noble intentions now turned into complicated rules. It is time for the community to be educated by introducing them to the new financial transaction system. A system that can provide maximum function in accordance with what the community wants will have a greater chance to realize mutual benefit.

DigitalBits will continue to improve their best efforts so that people better understand the benefits and functions offered by the financial transaction system through their networks. The system that is capable of supporting each of these spending activities will easily achieve functionality if it is supported by a very large number of users. this is the main target of DigitalBits at this time. by obtaining many users in the network, the transaction system will take place more synergistically and sustainably.

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