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The Daily Chain Primers: DigitalBits Introduction

Between cryptocurrency enthusiasts it is agreed that the technology that powers cryptocurrency has unfathomable potential and could evolve to play an integral role in future society.

However, less than 1 in 100 people worldwide interact with cryptocurrency on a monthly basis. The vast majority of people do not know what cryptocurrency is and they certainly don’t understand how it could bring value to their lives.

The adoption of cryptocurrency is being stunted because, above all else, it is intimidating. Long wallet addresses, the need for high security, KYC, the chance of losing your money… it’s all very off putting.

Growing pains of a new industry are inevitable, but when cryptocurrency as a whole seems to rely massively on large scale adoption, a quick change is needed to help this space survive. That’s why DigitalBits is tailor-made to tackle the adoption problem.

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