4.1.1 DGT Universe

Welcome to the exciting universe of the DGT platform, a hybrid Distributed Ledger Technology (DLT) system that's poised to redefine the future of the digital economy. DGT seamlessly combines the best attributes of first and second layers of DLT architecture, thereby forming a powerful, adaptable, and robust platform for a myriad of applications.

Unique features, such as the multi-level Byzantine Fault Tolerance (BFT) consensus, hierarchical network structure, use of Directed Acyclic Graphs (DAG) alongside blocks, specialized off-chain processing (Notary Nodes), and a dedicated API layer for each node set DGT apart from other platforms. The innovative use of these features underpins the platform's significant potential, which will be explored in detail in the forthcoming chapters of this book. At the core of DGT's business model is tokenization, a revolutionary concept that holds the key to unlocking vast untapped value across various industries. Our tokenization approach, centered around the dissemination of open-source technology, promotes collaborations that lead to greater liquidity and platform growth. We'll delve into the nuts and bolts of this fascinating mechanism in the chapters "The transformative role of tokens in the digital world" and "Foundations of Tokenization".

Strategic cooperation with established networks, like Ethereum, paves the way for businesses to tap into the possibilities of crypto markets, creating a promising Launchpad for enterprises and initiatives focused on object tokenization, renewable resources trading, and the development of crypto-banking services. DGT is more than just a platform; it's a catalyst for change. Our envisioned distribution paths include open-source code disposal, the development of the DGT Main-net network, and participation in border business projects. These, along with the potential for a Security Token Offering (STO), provide multiple avenues for growth and investment.

Currently, DGT is gearing up for a full launch in 2024 with most of the functionalities implemented. Please bear in mind that this information is preliminary. For detailed and most current information, refer to the DGT whitepaper available on our official website. This book aims to guide you through the intricacies of the DGT platform and its native token system. If you're new to DLT or need a refresher on the basic concepts, we recommend starting with our first book, "Introduction to DGT", which provides a comprehensive overview of the platform and its underlying technology.

Stay tuned as we embark on this journey of exploring the transformative potential of the DGT platform in the dynamic landscape of the digital economy.