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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

According to Dan Larimer one of the creators: BitShares is many things,

Software
Network
Ledger
Company
Exchange
Bank
Currency
Community
BitShares is a small town on global scale.

According to http://docs.bitshares.org/bitshares/whatis.html

BitShares is a technology supported by next generation entrepreneurs, investors, and developers with a common interest in finding free market solutions by leveraging the power of globally decentralized consensus and decision making.

BitShares does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.

Consensus technology has the power to do for economics what the internet did for information.

BitShares looks to extend the innovation of the blockchain to all industries that rely upon the internet to provide their services.

More info on bitshares banking: https://bytemaster.github.io/article/2014/12/20/BitShares-as-a-Bank/

Bitshares Market Pegged Assets: https://bytemaster.github.io/article/2014/12/20/BitShares-as-a-Bank/

source

10 COMMENTS

  1. Bitshares has many really interesting concepts. I think the reason why it hasn't taken off, is because many of its features are quite hard to understand and sound scammy when you hear them the first time. It really needs more marketing and videos like yours to make people understand what it is about.

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