Bitshares

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BitShares (BTS) is a brand of open-source software based on the as blockchain technology as used by Bitcoin. Unlike bitcoins, which do not produce any income for their owners, BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders. As such, BitShares is about making profitable companies that people want to own shares in, thus creating return for the shareholders. The first DAC launched by this proces was called BitSharesX, a decentralized asset exchange based in Hong Kong. BitShares was originally launched under the name of ProtoShares (PTS) it was later renamed to BitShares (BTS) and ""reloaded"" in November 2014 by merging several products into BitShares (BTS). 

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Working together, this community has designed and developed the BitShares platform to include numerous innovative features which are not found elsewhere within the smart contract industry

• Price-Stable Cryptocurrencies
  SmartCoins provide the freedom of cryptocurrency with the stability of the dollar
• Decentralized Asset Exchange
  A fast and fluid trading platform
  
• Industrial Performance and Scalability
  Over 100,000 transactions per second
• Recurring and Scheduled Payments
  Flexible withdrawal permissions
  
• Referral Rewards Program
  Network growth through adoption rewards
• Dynamic Account Permissions
  Management for the corporate environment
• User-Issued Assets
  Regulation-compatible cryptoasset issuance
• Stakeholder-Approved Project Funding
  A self-sustaining funding model
• Transferable Named Accounts
  Easy and secure transactions
• Delegated Proof-of-Stake Consensus
  A robust and flexible consensus protocol
  

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The BitShares platform itself is run and maintained by the BitShares community-an open consortium of individuals and organizations committed to providing universal access to the power of smart contracts.

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