BitShares is an open-source, public, blockchain-based real-time financial platform. It provides a built-in decentralized asset exchange, similar to New York Stock Exchange but for cryptocurrencies and without the need to trust a central authority to handle all the funds, that can execute trading using an international network of computers in which anyone can take part. BitShares also provides a cryptocurrency token called "BTS", which can be transferred between accounts and is used to collect fees for network operations and as a collateral for loans. This platform was designed by American programmer and entrepreneur Dan Larimar, and launched in July 2014.
bitcoin wiki contributors. (2019, March 4). BitShares. In bitcoin wiki, The Free Cryptocurrency Encyclopedia. Retrieved 10:19, March 9, 2019, from https://en.bitcoinwiki.org/index.php?title=BitShares&oldid=363998