BitShares

We are thrilled to join hands with <a href="https://web3dubai.io" rel="noopener noreferrer nofollow">Web3 Dubai</a> as an independent group dedicated to the <a href="https://bitshares.international" rel="noopener noreferrer nofollow">BitShares Blockchain</a>, we do prioritize the community&#39;s best interests. Together, we&#39;re committed to advancing BitShares and empowering its users.BitShares Blockchain was launched on <a href="https://bitshares.github.io/docs/#/whitepaper" rel="noopener noreferrer nofollow">13th October 2015</a> with an agile community efforts since 2013 to build an industrial-grade decentralized Blockchain platform that is capable to process high-performance financial technologies that serves the individual financial freedom.Furthermore, BitShares represents the first decentralized autonomous cooperation or the concept of Blockchain as Organization (BaO) which enables Bit Shares holders of the core utility token (BTS) to decide the future direction and governance aspects of BitShares Blockchain. For sake of clarity and to avoid confusion with other smart contracting platforms, BitShares Blockchain implements its contracts in form of operations. Even though BitShares Blockchain comes with over 50 implemented different operations, this document focuses on the description of BitShares Blockchain as a platform, its architecture as well as its governance system using the native core utility token (BTS).BitShares Blockchain is a technology that supports the digital generation entrepreneurs, investors, and developers with a common interest in building and participating in free market solutions by leveraging the power of globally decentralized consensus and decision making. Consensus technology has the power to do for economics what the internet did for information. It can harness the combined power of all humanity to coordinate the discovery and aggregation of real-time knowledge, previously unobtainable. This knowledge can be used to more effectively coordinate the allocation of resources toward their most productive and valuable use.Bitcoin was the first fully autonomous system to utilize distributed consensus technology to create a more efficient and reliable global payment network. The core innovation of Bitcoin is the Blockchain, a cryptographically secured public ledger of all accounts on the Bitcoin network that facilitates the transfer of value from one individual directly to another. For the first time in history, financial transactions over the internet no longer require a middle man to act as a trustworthy, confidential fiduciary.BitShares looks to extend the innovation of the Blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or BaO) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts. The advent of (BaO) ushers in a new paradigm in organizational structure in which companies can run without any human management and under the control of an incorruptible set of business rules. These rules are encoded in publicly auditable open source software distributed across the computers of the companies’ shareholders, who effortlessly secure the company from arbitrary control. 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.BitShares has went through many changes and has done its best to stay on top of Blockchain technology. BitShares is using Consensus as the mechanism by which organized people decide upon unitary rational action. While not considered technology in the traditional since, consensus “technology” is the basis of democratic governance and the coordination of free market activity first coined by Adam Smith as the “Invisible Hand.” The process of consensus decision-making allows for all participants to consent upon a resolution of action even if not the favored course of action for each individual participant. Bitcoin was the first system to integrate a fully decentralized consensus method with the modern technology of the internet and peer-to-peer networks in order to more efficiently facilitate the transfer of value through electronic communication. The proof-of-work structure that secures and maintains the Bitcoin network is one manner of organizing individuals who do not necessarily trust one another to act in the best interest of all participants of the network. The BitShares ecosystem employs Delegated Proof of Stake in order to find efficient solutions to distributed consensus decision making.Join the financial revolution with the most advanced blockchain platform to run decentralized fintech. Our innovative Blockchain as Organization (BaO) architecture integrates financial technologies into an efficient, transparent, and reliable financial ecosystem.BitShares Blockchain is a leading global financial markets infrastructure and data provider that is being developed through a Blockchain built-in decentralized organization combines a development and investment community working around the utility token BTS.Unlock your financial potential: enrich your digital assets with a lightning-fast speed infrastructure, ultra-low fees, and total security. Access advanced financial services like decentralized liquidity pools, orderbooks, swap protocols, stable-coins, and much more.With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our users and their communities by decentralizing a fully scalable system to enhance capital formation and trade execution; and manage clearing and financial risks.<h2 id="header-0">For More Information</h2><ul><li>Official GitHub Website: <a href="https://bitshares.github.io" rel="noopener noreferrer nofollow">https://bitshares.github.io</a></li><li>Official GitHub Repositories: <a href="https://github.com/bitshares" rel="noopener noreferrer nofollow">https://github.com/bitshares</a></li><li>Official Telegram Group: <a href="https://t.me/BitSharesGroup" rel="noopener noreferrer nofollow">https://t.me/BitSharesGroup</a></li><li>Official Development Telegram Group: <a href="https://t.me/BitSharesDEV" rel="noopener noreferrer nofollow">https://t.me/BitSharesDEV</a></li><li>BitShares Reference Wallet: <a href="https://bts.exchange" rel="noopener noreferrer nofollow">https://bts.exchange</a></li></ul>

Web3 Dubai x BitShares Blockchain Partnership Announcement

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BitShares

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