DragonBite Announces Collaboration With Association of Block Chain Development
DragonBite is the first universal digital asset management platform. With more than 95% of the population possessing digital assets (loyalty points, gift cards, in-game assets, etc), the utilization of these assets is less than 7% because they are scattered on different platforms, have different passwords, inherent values, and expiring dates.
DragonBite brings blockchain and cryptocurrency to eliminate these intrinsic boundaries between loyalty systems. DragonBite allows users to consolidate loyalty points from different programs, trade and redeem them — for both cryptocurrency and other loyalty points.
The DragonBite platform enables users the ability to buy, sell and swap different digital assets including loyalty points, E-vouchers, E-coupons, etc. conveniently. This program is a massive opportunity for users, stakeholders, and businesses alike to optimize their value in loyalty point systems.
Quote from Association of BlockChain Development (ABCD):
“Dragonbite applied blockchain technology to solve a pain point in the loyalty programs offered all over the world: the inability to convert from one type of point to another. The inability to convert means most points collected by customers will expire worthless. DragonBite’s solution not only benefits the customers by allowing them to convert and aggregate their points but also helps the merchants to remove these liabilities from their balance sheet. The solution is an innovative application of blockchain technology to solve a problem in the traditional economy.”
Kyle Wong, PhD. and CFA President, Association of Blockchain Development
The Mission Of ABCD:
To facilitate knowledge-creating sharing to foster value creation by blockchain-based initiatives.
DragonBite is a fully integrated ecosystem of decentralized financial services built on interoperable technologies, and with many aspects of the ecosystem collectively controlled by its members. Its governance mechanism is predicated upon 2 digital tokens called BITE and BITE Point.t