DigiByte is an open-source cryptocurrency running on the DigiByte blockchain.
In 2016, Digibyte was added to Microsoft's cloud computing platform Azure. Microsoft also nominated Digibyte for BizSpark, which is their program to assists blockchain projects with software support and services.
DigiByte is based in Bitcoin but with several adjustments to its code including functionality differences and 15-second block times making it the fastest UTXO blockchain today. DigiByte uses five secure and advanced cryptographic mining algorithms to prevent mining centralization compared to single algorithm blockchains. 
Within the first month of DigiByte's release, the DigiShield hard fork was initiated, which allowed for the DigiByte blockchain to protect against multi-pools that mine large numbers of DigiByte at a low difficulty. This technology was adopted by other cryptocurrencies such as Dogecoin and Zcash with the help of the DigiByte team.
DigiBytes are digital assets that are designed not to be destroyed, counterfeited or hacked, making them ideal for protecting objects of value like currency, information, property or important digital data. 
The company also seeks to promote a community of decentralized apps.