DigitalBits, a Blockchain-based social impact and development company, has announced that Bittrex Global will be the first exchange to integrate the DigitalBits Mainnet. DigitalBits is a digital asset ecosystem that leverages its native currency, called DigitalBits (symbol: DGB), and blockchain technology to address social and environmental problems. (crypto news site)
DigitalBits has been making waves in the cryptocurrency world since the announcement of its partnership with Bittrex at the start of the year. Now the team is celebrating a big win, announcing that its new DigitalBits mainnet will be integrated into Bittrex. Bittrex is the biggest cryptocurrency exchange in the world, and the addition of DigitalBits will see the currency receive a big boost in credibility.
Hamilton, Bermuda, 3. May 2021,
Bittrex Global becomes the first exchange to integrate DigitalBitsMine
Bittrex Global also offers the export and gambling focused Zytara Dollar (ZUSD) and the protocol and NFT focused DigitalBits token.
3. May 2021, Hamilton, Bermuda – Bittrex Global (Bermuda) Ltd. today announced that it will be the first exchange to integrate the DigitalBits manet blockchain and support the DigitalBits ERC-20 token exchange. Bittrex Global also recently listed Zytara Dollar (ZUSD) and DigitalBits (XDB) tokens on the digital assets exchange.
ZUSD is a stablecoin that allows users to make immediate transactions and is intended to replace the traditional payment methods currently used by online gamers and e-sports fans. The DigitalBits blockchain supports the tokenization of digital assets, including branded currencies and branded stablecoins. It was recently announced that Litemint, a leading marketplace for NFTs and collectibles, will be one of the first organizations to also integrate the DigitalBits blockchain to bring NFT functionality to the network.
Zytara, led by DigitalBits founder Al Burgio, is experiencing a period of rapid growth and is strategically focused on building tomorrow’s financial infrastructure. In partnership with Prime Trust, Zytara has launched ZUSD for the gaming and screen sports industry. ZUSD offers millennials, Generation Z gamers and screen sports enthusiasts a dynamic new alternative to traditional payment solutions. The ZUSD is fully collateralized, with Prime Trust acting as the issuer of the ZUSD and holding 1:1 reserves in USD. After its initial deployment on Ethereum, ZUSD will be integrated into the DigitalBits blockchain, allowing users to take advantage of the network’s scalability.
Zytara also launched Zytara Labs, a full-service production company and studio that helps music artists, actors, gamers, esports teams and other brands create, sell and market NFTs. The company develops innovative products and platforms using blockchain protocols such as DigitalBits and Ethereum.
The gaming, sports and entertainment industries are ideal for stablecoin and NFT, said Tom Albright, CEO of Bittrex Global. The infrastructure needed to distribute the prizes to all participants around the world does not currently exist, and Zytara wants to fill this interesting niche. Zytara’s ability to attract and support major influencers and brands to NFT’s innovative campaigns is evident, as recently demonstrated by NFT’s support of its partnership with Dole Sunshine Company and renowned artist David Datuna.
We have reached a very interesting milestone in the development of digital assets, said Michael Gord, Executive Director of the XDB Foundation, a leading member of the DigitalBits ecosystem. As more brands and businesses embrace digital assets, they will need support to effectively deliver blockchain-based services to their customers, whether it’s NFT, loyalty rewards, security or greater transparency. The DigitalBits ecosystem has attracted a variety of organizations that support the use of DigitalBits as an alternative network layer to the current blockchain landscape.
DigitalBits Blockchain provides a network layer that makes blockchain-based solutions easy to use for anyone, regardless of their technical background. DigitalBits supports fast, borderless transactions that enable the seamless exchange of exchangeable and non-exchangeable digital assets between network participants around the world.
Bittrex Global will host a live AMA video conference with Al Burgio, founder of DigitalBits and Zytara, on May 5 at 9:00 am ET.
Dates for the completion of Bittrex Global’s integration into the DigitalBits network and the upcoming token exchange have not yet been announced.
About Bittrex Global
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world, giving customers access to exciting new products.Bittrex Global utilizes Bittrex’s advanced technology and provides a high level of service to professionals and beginners alike.
E-mail: [email protected]
Tel : 0044 (0)7886920436
Senior Public Relations Specialist
- John McLeod.
- Bittrex Worldwide
- [email protected]
This source has been very much helpful in doing our research. Read more about bittrex bermuda and let us know what you think.
bittrex global vs bittrexbittrex global logindigitalbits roadmapbittrex bermudaxdb blockchainbinance,People also search for,Privacy settings,How Search works,bittrex global vs bittrex,bittrex global login,digitalbits roadmap,bittrex bermuda,xdb blockchain,binance,bittrex usdt erc20,digital bits io