Digibyte (DGB) is increasingly growing in prominence in crypto sphere. It is known for being fast, most secure and decentralized in the blockchain market. But most people don’t know that there is more to Digibyte than just payments and cybersecurity. This is not just an average cryptocurrency that is trying to sell the idea of fast payments, as is the case with most ICO projects. It is a true blockchain that has a use case that cuts across industries.
One of the key industries that Digibyte will disrupt is the healthcare industry. Though digitization is happening in healthcare, most medical records are stored in paper format. And even when it is digitized, there is an issue of security. Digibyte (DGB), through its Digu-sign feature, makes it possible to properly secure a patient’s data. This process is not only cost effective, but also gives credibility to such data since it cannot be tampered with, on the Digibyte blockchain. This gives Digibyte an edge in the adoption of DLTs in healthcare.
The other industry where Digibyte has a massive use case is in the global sourcing and logistics industry. Global sourcing incorporates multiple areas including shipping, trade finance, clearing & forwarding among others. This whole process requires a complex movement of documents that makes it very inefficient, and at risk of security issues. Digusign can simplify this process and enforce integrity in it. The trustless nature of the Digibyte blockchain means that it can go a long way in eliminating the flow of counterfeit goods in the global supply chain. With the increased crackdown of counterfeits in the world economy, it won’t be long before Digibyte (DGB) gains in adoption in the global supply chain.
Digibyte (DGB) also has a strong use case in the global insurance industry. One of the most expensive processes in insurance is in validating insurance policy documents. From getting policy forms to a client to starting the contract, the entire process is time consuming and costly. But with the trustless and secure nature of the Digibyte blockchain, Digusign can simplify this process, since such documents can be signed and validated on the blockchain, thereby driving down the costs of the insurance industry.
These are just a few industries that Digibyte (DGB) could disrupt. It also has the fundamentals to gain adoption in industries as diverse as real estate and banking, for its cybersecurity applications. These use-cases will hold up the value of Digibyte going into the future.
So far, the cybersecurity aspect of Digibyte (DGB) is taking shape. The other use cases will begin to take shape too, with time. With such strong fundamentals, Digibyte (DGB) could hit a dollar in the near-term.