# 1. Introduction

The genesis of the brand name **"Roybits"** is crafted from a blend of two key elements: *"Roy"* and *"Bits."*&#x20;

* **"Roy"** represents Royalty, -symbolizing the premium quality, trustworthiness, and integrity that Roybits embodies in the industry.

* **"Bits"** refers to the fundamental units of digital currency, emphasizing the core focus of Roybits on the world of blockchain and cryptocurrency.&#x20;

* ### Executive summary

As the world seek refuge from inflation and local currency manipulation, digital asset's growth potential shine bright like never before. with Bitcoin, ETFs, Altcoins, and exchanges leading the charge, commanding significant market capitalization and widespread user adoption. Binance with $76 billion daily trading volume record, is widely recognized for its pioneering role in the cryptocurrency landscape.

Despite their progress, there are significant real problems that restrict the broader adoption of digital assets, and Roybits is poised to address this challenges by leveraging innovative cutting edge technologies.

* ### Enter Roybits Exchange

Roybits is set to become the revolutionary cryptocurrency exchange incorporated in Canada with global presence, set to address the problems faced by both individual and institutional traders by leveraging innovative solutions like advanced AI technology, a comprehensive hybrid crypto trading model, and robust security features.

At Roybits, We believe Trust is not just earned- but Verified.
