The growth of the cryptocurrency market has caught the attention of regulators and governments who have tried to maintain the sovereignty of their currency. While bans on crypto trading and tax regulations are being introduced, it seems the crypto-market keeps growing exponentially.
Many are adjusting to the idea of a crypto future. A future where digital currencies control transactions, investments, and loans. A future where fiat money may only exist as CBDCs or stablecoins. As the crypto-future continues to take shape, DBX, a digital token built on several blockchains to improve the possibility of a crypto ecosystem where payments are hassle-free and transactions faster than cryptocurrencies.
DBX: An Introduction
Several projects are springing up on different blockchains in the crypto space. Most DeFi projects are built on the Ethereum, Tron, and Binance Smart Chain blockchains. DBX, however, is a new project that is a single platform that runs on several blockchains.
“DBX” is a decentralized distributed database (blockchain) system that employs cryptographic algorithms as a digital financial asset. It is a decentralized community for exploring and exchanging valuable data. The platform satisfies all of the crypto community’s fundamental values: anonymity, decentralization, coin fungibility, and fast transaction.
DBX has friendly and affiliated structures in Hong Kong and Panama and it is registered under Turkish jurisdiction.
The beauty of DBX is that it’s truly decentralized. Thanks to the use of masternode 2.0, the platform is protected from any form of centralized intrusion and influence from persons, organizations, or the government. Flowing from this, users of the crypto network can conveniently transact safely with minimal fees while enjoying faster transactions.
Why Is DBX Different?
As the crypto community struggles with setbacks of its newness and novelty, many problems emerge during activities on the blockchains. From high transaction fees to transactions getting stuck in the blockchain, the problems are endless. What makes DBX revolutionary? It takes the existing problems on the blockchain network and solves them.
The innovative solutions the platform offers makes it unique in the crypto space. From high speed transfer to low transaction fees, DBX solves it all. Here’s a list of features the digital DBX ecosystem boast of:
- Rapid speed of transfer, conversion, and coin minting, as well as near-instantaneous transactions of between 0.5 to 2.5 seconds for a transaction;
- The ability to fully sever the link between addresses and transactions, as well as addresses and balances. Both addresses involved in the transaction will still be valid. Users can also submit fully open transactions with their detailed information if they want to;
- Low-cost transaction processing that uses a limited amount of data and consumes little power and fewer resources;
- Transactions can be carried out using a variety of token types and denominations. Although the probability of obtaining change in “DBX” coins or Zerocoin tokens determines the accuracy of expenses.
- With the use of the masternode 2.0, the DBZ platform is truly safe based on a decentralized proof-of-stake network.
What Does DBX Offer?
While the DBX platform is new, it has managed to create solutions that the crypto community truly needs. The major entities the digital token targets includes businesses, individual users, and investors.
For businesses, the DBX token allows them to offer their services and goods while receiving payment in the token. The payment infrastructure and technologies behind the DBX token is fit to help simplify interactions and payment for customers and businesses.
With the token, businesses can also offer payment to a large number of people at once. This is fit for companies or firms with large employees on their roster. Payment can be made to bank cards, DBX wallet, phone balance or even in cash.
As a forward-looking token, payment cards for products and services are also issued in the name of the company and can be used for payment and withdrawal of cash.
For individuals, the DBX token allows for fast international payments that are instant, mostly before 5 seconds elapse. Users of the DBX app can also make payment by simply scanning and paying. Users can be rest assured that their DBX transactions are protected by top-level cryptography. The control of your money is total. The sweet part? It works anywhere and anytime.
For investors, the platform offers guaranteed increases in investors’ portfolios from the first day.
For additional information, visit https://www.dbx.so/ to learn more.