BitShares(BTS) is a cryptocurrency and platform that combines the business model of a bank and an exchange.
There are 3 key features that make BitShares stand out. The first one is its Distributed
Exchange (DEX) that anyone can install and use.
The second one is the ability to create User Issued Assets (UIA). Esers can lock away some of the BTS similar to create an asset that is similar to traditional stocks. Other users can trade this asset on the DEX, similar to how you can trade company stocks on a Stock Exchange.
The last and most important is the SmartCoin functionality. Resembling the UIA, however there is no free floating value, instead these can be linked to real-world instruments (USD, EUR, CNY) so the price will mirror its real-world counterpart.
BitShares was created by EOS Founder Dan Larimer.
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