DigitalTown (DGTW) Stock: Announces Launch Of Permanent Digital Address

DigitalTown, Inc. (OTCMKTS: DGTW) recently made a huge announcement. The company announced the launch of permanent digital addresses for Netizens who are legal residents. This announcement came with the rollout of their blockchain based Smart City Platform.

What Is A Permanent Digital Address?

A permanent digital address is a privately owned “digital you”. It is accessible on the internet forever. The idea is that we now have an era of digital abundance. We live our lives online, making us citizens of the global internet or simply Netizens. Sometimes we are challenged with the issue of where we can be found online. As a result, a Permanent Digital Address is a one-time registration of a personal domain name, which is either branded in the identity of a city or branded in the identity of a person’s name.

What A Permanent Digital Address Can Do For Netizens?

There are several advantages that DGTW can offer Netizens through a permanent digital address:

  • A verified and secure Digital Address:  A personal digital homepage listing all of a Netizen’s digital coordinates.  Each URL is secured by a unique SSL certificate for encryption, and combines the Netizen-verified details for where to find them online or offline.
  • No more spam emails:  Persons who prefer to not to receive spam message can maintain a list of authorized senders, and even have the option of even charging senders to send them messages. Proceeds are deposited to their SmartWallet upon acknowledging receipt.
  • Send and receive payment:  With a permanent Digital address, a Netizen can also securely receive payments from others by them simply clicking “Pay” on the Netizen’s digital profile. Proceeds are instantly deposited, without fee, to the Netizen’s Smart Wallet.
  • Your Key to the City:  Each digital login is part of a global standard which is live in more than 20,000 cities for use by both the public and private sector.

In a statement, Rob Monster, CEO at DGTW, had the following to offer…

Digital Identity is at the core of the Digital Town platform. A single login provides secure access to services in the community. In a time of rapid change and an increasingly mobile workforce, the introduction of secure permanent digital addresses is the right idea at the right time. Consider for a moment the recently displaced persons caused by Hurricanes Harvey, Irma, Jose and Maria, as well as earthquakes in Mexico and volcanic eruptions in Indonesia, just during the last month, and one can quickly appreciate why permanent digital addresses may play an important role. DigitalTown is partnering with private citizens and municipal leaders around the world to make communities more effective in the best of times while also more resilient when disaster strikes.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on DGTW. After all, we’re excited to watch as the permanent digital address concept takes hold. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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