DragonBite is Technology Advances !
DragonBite is a truly open-loop π decentralised wallet to manage π all digital assets, including Loyalty π points, E-vouchers, E-Coupons, Air-mileages, In-game assets and Cryptocurrencies. DragonBite has directly π connected with Crypto Exchange via a licensed π payment gateway. The whole operation is powered by a hybrid IT architecture, i.e. partly on-chain and partly off-blockchain.
On-chain π engine consists of DB BITE (BITE) and BITE Point (DBP).
BITE, which has limited π supply, will be created during the token π generation event, and it will be traded in Crypto π exchange. Merchants, who utilizes DragonBite platform to provide loyalty program and promotion π activities, will be charged in the form of BITE. On the other hand, every wallet user and partner, who participate in trading π activities or make contributions to DragonBite ecosystem, will be rewarded with BITE. BITE holder, who will be rewarded from staking BITE, can also use it to bid valuable π asset in our auction π platform. We intend to provide sufficient π incentive to any active user to do asset π conversion, member referral and business referral. BITE can be used to access the privileged π services, to exchange BITE Point, to pre-pay DragonBite card and to purchase π coupons.
BITE Point is our universal π loyalty token, acting as a medium of exchange among digital π assets. It is pegged 1:1 to the U.S. dollar, so digital assets will have less π volatile conversion rates. All reward π exchange transactions will convert to BITE Point first for security and transparency π improvement.
In the future, DragonBite will deploy Non-Fungible Token (NFT) to handle rare π asset bidding in auction and delivery π process for our customers. New bidder can also access our blockchain and check the asset trading π history and detail. The NFT enabled trading transaction can further be π protected by our crypto escrow payment service & API to reduce any risk or fault. Therefore, DragonBite platform can support trading extremely π rare gaming asset online.
All other transactions, including redemption π of points at the point of sale, the loyalty program specific π transactions and the E-voucher issuances are handled at the back-end server without the blockchain. Ensuring sufficient π protection to our wallet users and partners, our Chief Technology officer will manage π regular security of both on-chain and off-chain components to make π sure which are properly π audited and protected.
The most importantly, DragonBite will take good π care of your valuable π digital assets all the time. Please goto our websiteΒ www.dragonbite.asiaΒ to find out more.
