5.1.2 Goals of Building the Model for DGT Network

The DGT Network, architected on the F-BFT consensus mechanism, delineates a groundbreaking framework for a semi-closed, consortium-based data exchange environment tailored for intricate business ecosystems. Unlike a conventional peer-to-peer network, DGT cultivates a unique topography, employing cluster organization and facilitating transaction verification within discrete node groups before disseminating them network-wide via a specialized arbitration mechanism. This nuanced organization not only upholds complex interaction schemas like B2B2C and B2C2B (Aspara, Grant, and Holmlund 2021) but also paves the way for a new dawn in business interaction and data exchange.

The main tasks solved with the help of the tokenomics model are:

• Unveiling the Necessity for a Proprietary Token Model: In the pursuit of real-world business application adaptability, potential DGT participants grapple with the intricacies of micro-transactions, where traditional fiat mechanisms falter, being both costly and sluggish. This propels the essentiality for a proprietary token model and a well-structured tokenomics, intricately detailed within this documentation.

• Dedication to Resolving Critical Queries and Framing Predictive Tokenomics: This model description is meticulously crafted to unravel the answers to pivotal questions, inherently bearing the unique characteristics and practicalities of DGT in mind. Its dedicated insights and practical conclusions serve to formulate a predictive model for our distinct tokenomics, thereby propelling the DGT network with the requisite ‘fuel’ to construct and sustain evolving ecosystems.

• Addressing the Core Challenges: A Dual-Focused Approach. At the heart of building ecosystems, two cardinal questions emerge:

  o How to significantly curtail the cost and complexity intertwined with micro-transactions?

  o How to architect a value proposition for the data traversing through the network?

  To navigate through these challenges, this paper propounds a unified model, intertwining varied facets of native tokens’ mission, network growth velocity, and mechanisms ensuring transactional support.

• Charting the Path Forward with DGT: In the confluence of technology and economics, DGT Network charts a path where business interaction is not merely a transaction but an ecosystem where data, value, and growth coalesce seamlessly. The goals underpinning this model are not just in addressing the immediate challenges but in crafting a roadmap where DGT becomes synonymous with scalable, efficient, and value-driven data exchange in business ecosystems.