BitShares Blockchain is an industrial-grade decentralized platform that focuses on high-performance financial smart contracts. BitShares (BTS) is the core token of BitSharesBlockchain, with practicality and management authority. BTS can be used for voting, rewards and payment of fees.

1. Decentralized Autonomous Cooperation (DAC)

BitShares blockchain implements industrial-grade technology focused on enterprises, organizations or individuals, with a well-established ecosystem and free market economy. Based on MIT open-source licensed graphene technology, BitShares was launched in its current form on October 13, 2015, and since then the BitShares blockchain and its dApps have been elected, maintained and Since its development, it has been formed by more than 30 highly skilled professionals.
1. DPoS consensus
The DPOS algorithm is divided into two parts: electing a group of block producers and scheduling production.
The election process ensures that core token holders are ultimately in control, as stakeholders lose the most when the network is not functioning smoothly.
2. Permissions
The BitShares blockchain is designed around the permissions of accounts, and then passwords are designed for ease of use.
Each account can be controlled by a single or weighted combination of other accounts or keys. This creates a hierarchy that can be structured to reflect real-life permissions - such as a company or organization's approval and signature process in digital form.
3. Number of transactions
Any user who interacts with the blockchain will do so through real and authorized transactions.
The transaction is then constructed and sent to the network, which contains the instructions the user wants to execute. In its simplest form a transfer operation contains a sender, receiver, amount and an optional encrypted memo.
4. Token Factory
Create your own cryptocurrency tokens by publicly representing and listing user-issued assets on the blockchain.
User-issued assets enable entrepreneurs to issue their own tokens. Event tickets, company shares, crowdfunding, loyalty, points are just some examples. Whitelisting to create fully regulatory compliant KYC/AML tokens. Publicly describe, list and provide liquidity to assets.
5. Scalability
Operations on the BitShares blockchain can extend the scope of its functionality to built-in or external dApps.
BitShares blockchains have been extensively modularized and operate independently of each other. BitShares are considered extremely stable because modifications to the core blockchain require review by the core development team and approval by BTS holders prior to any network-wide protocol upgrades.
6. Identification
Human-readable account names that must be registered with the public key in the blockchain before use
BitShares blockchain to integrate with traditional domain name services (DNS) acts as a name-to-public-key resolver in a similar fashion. Instead of error-prone addresses, users can easily remember and pass on their account information.

2. Functions of BitShares Industrial Blockchain

1. Processing speed
The fastest block confirmation. Transactions are written to the blockchain within 3 seconds, less than 1.5 seconds on average.
2. Minimal fees
Like other blockchains, BitShares has fees, but they are much lower than average, and lifetime members can enjoy 80% cashback.
3. Regular payment and scheduled payment
Support regular payment and subscription payment, allowing users to authorize third parties to withdraw money within certain limits.
4. Dynamic Account Permissions
Enable enterprise environment management to control wallets with weighted combinations approved by other accounts.
5. Self-sustainment
Powered by a dApps ecosystem that self-funds the core token BTS, ensuring that the blockchain covers the cost of maintaining sustainable operations.
6. Security
Delegated proof of stake (DPOS) is practically impossible to be hacked, because it will involve taking out many active and backup, global, trusted client.

Related Links:

https://bitshares.org/