Global Digital Assets (GDA) Merchant Bank Founder Michael Gord Joins DigitalBits Foundation As Managing Director
The founder of GDA Capital and MLG Blockchain Michael Gord has been appointed to the position of Managing Director of the DigitalBits Foundation, the organization announced today. The formation of the DigitalBits Foundation will facilitate further development of the DigitalBits ecosystem through both financial and non-financial assistance to qualified entities and projects within the DigitalBits […]
Fireblocks Network Adds DigitalBits, Brings Enterprise-Grade Security to Branded Cryptocurrencies
DigitalBits, a blockchain protocol and network layer designed for consumer digital assets, is being added to the Fireblocks Network, the most secure digital asset transfer network for institutions, to deliver a safe and scalable infrastructure for the storage and movement of XDB tokens. Integrating the DigitalBits blockchain with the Fireblocks Network enables enterprise-level security support […]
Merchant Bank Global Digital Assets (GDA) Joins DigitalBits Ecosystem
Merchant Bank Global Digital Assets (GDA) is joining the DigitalBits ecosystem, the company announced today. The goal of the partnership is to further enterprise adoption for branded cryptocurrencies. GDA is the first North American merchant bank to focus on blockchain and digital assets. It will provide the infrastructure for consumers, merchants, brands and payment providers […]
KuCoin Announces Launch of Enterprise Currency Desk
On April 15, 2020, Kucoin, an IDG-backed global crypto exchange, announced the launch of its Enterprise Currency Desk (ECD). The ECD will function as a turn-key solution for enterprise-grade adopters to easily acquire digital assets and support their respective blockchain use-cases. DigitalBits will be one of the first blockchain protocols leveraged by Kucoin’s ECD. This […]
KuCoin, DigitalBits Partner to Launch OTC-Desk Spin-Off
KuCoin, a well-known crypto exchange, has partnered with DigitalBits for the development of its enterprise currency desk (ECD). Announced on Wednesday, the ECD solution is more of a spin-off from the traditional over-the-counter (OTC) desks and will cater to enterprise clients.
IDG-Backed Crypto Exchange KuCoin Launches OTC Desk for Enterprises
Singapore-based cryptocurrency exchange KuCoin has teamed with DigitalBits, a blockchain protocol layer focused on branded crypto assets, for the launch of what it calls a new kind of OTC desk.
Bailouts, CBDCs and Branded Currencies Tangible Solutions Amidst Global Crisis
Branded currencies, an asset category that DigitalBits has been hyper-focused on, was considered among other tangible solutions blockchain technology could be leveraged for in response to current economic conditions. COVID-19 has had widespread negative impacts, in times of economic downturn consumers have historically turned to branded currencies in order to stretch budgets. Further to this, […]
Second Generation Stablecoins Drive Next Wave in Crypto Adoption
Following the wax and wane of the 2017 bull run and subsequent 2018 crash, blockchain has found itself at an impasse. One impediment in particular is the lack of real-world adoption. Despite significant institutional interest, billions of dollars in value, and no shortage of proposed applications, the actual use of blockchain technology remains low. Many […]
Branded Stablecoins Can Introduce Cryptocurrencies to Everyday Consumers
Technology should be easy, seamless, and able to provide value to the end consumer without changing learned behavior. The blockchain industry stands at a crossroads where superior technology lacks real-world utility. Despite Satoshi initiating a decentralized revolution, billions of dollars flowing into cryptocurrency markets, and extensive institutional interest, actual utility remains low. The realm of […]
KuCoin Exchange Lists DigitalBits (XDB)
DigitalBits is a protocol layer blockchain focused on supporting consumer digital assets, specifically branded currencies. This is inclusive of assets such as loyalty and rewards points, gift cards, and notably, the growing asset category of branded stablecoins. Today’s economies are heavily reliant on stability, the lack of which has proven a hindrance to blockchain adoption. […]