BitShares is a financial services platform that aims to revolutionize the smart contract and banking industry. Offering a wide range of financial and banking services on its blockchain, including price-stable cryptocurrencies, a decentralized asset exchange and various special account features. Decentralization is one of its major tenets, with the entire project being run and maintained by a community of developers. It also provides project funding for whatever the stakeholders choose. With faster transaction times due to the delegated proof of stake consensus, transactions on BitShares are usually confirmed within a second. Monthly subscriptions and scheduled payments are also integrated into accounts. The BTS cryptocurrency is used to power the BitShares platform, especially the exchange where it is used to create a reserve system to back up other coins.
Built using the latest in industry research, BitShares 2.0 offers a stack of financial services including exchange and banking on a blockchain.