The First Byurakan Survey (FBS) is the largest spectral survey in the Northern sky. One can select objects by color, broad absorption and emission lines, and SED; classify and investigate them. The digitization of the FBS is aimed at making a DFBS database available for the astronomical community. Besides scanning, we are creating plate solutions, extraction software, wavelength and flux calibration, templates for different types of objects, numerical classification, a catalog of objects, a database of spectra, a user interface and a DFBS web page. New research projects based on the DFBS are possible, including a search for new QSOs and other AGN, a continuation of the second part of FBS, and identifications of radio, IR and X-ray sources. The DFBS database will be available at the end of 2004.