what is bitshares?? -does it matter for 2018?

What is bitshares.. ??? Many people talking about bitshares now a days.. So lets talk about what bitshares is all about and what makes it specials..

Cryptocurrency aficionados are familiar with the concept of bitshares. This partucular project offers wide variety of financial services in a decentralized manner. More specifically there is a big focus decentralized exhanges and banking on the blockchain .even though this project has been around for several years now is a good time to take a closer look at what bitshares is all aboutb. More imptnly . Its time to look at whether or not this project has a bright future ahead of it..

Why was bitshares created???

The first ques o address is why a project such as bts was created in the first place. There is a glaring lack of acess to financial services in several parts of the world. Overcoming this problem may warrant a decentralized approach. Bts aims to fill this void by offering users access to stack of financial services without the need for a bank ac or similar service whether or not this concept will makeba big impact in the future remains to be seen. The project certainly offers a fair few technical solutions to make its vision come true...

Bitshares and its stack of financial services

It is evident that btd has high expectations to live up to.. More specifically. It needs to deliver products which appeal to the massess. First of all the team focuses on price-stable crypyocurrencies. These include bitusd and bitcny though there will be others. These so called smartcoins are designed to be pegged to fiat currency or assets in one way of transfering value in a decentralized manner. Although nonenof these currencis have gained any major traction as of right now

Additionaly .there is a decentralized asset exchange developed by the bts team .. According to their website this platform handles the same trading volume as nasdaq.. Although the jury is still out on that one ..the goal is to execute trade in seconds but there is no high frequency trading options all trader are put on a level playing field. Which is a positive sign.. Moreover. All assets on the bts exchange are backed by upto twice the reserves of traditional centralized trading platforms..

Lastly bts uses the graphene technology . As a result. The project is theoretically capable of processing 100,000 transaction per second. There is also an option to set up recurring and sheduled payments.. Which is something that is pretty much impossible when it comes to bitcoin or other major crypto right now perhaps one of the more impressive aspect of this project is how it allows for regulations -compatible crypto asset insurance. The alone could brinh a lot of positive attention to bts in the future..

Whats on the Agenda??

Projects such as bts cannot afford to remain stagnant for long.. New developments will need to be announced and introduced in a swift manner. A few proposals on the roadmap are still awaiting completion or have yet to be developed. And nothing has been added to the official roadmap on the website since 2016 for now it is a bit unclear what will happen in the near future. But there is pelnty of reason to keep an eye on the bitshares project in 2018 ..

Whats your view guys hope u guys will correct me if i am missing something abt bts?