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BitShares is an open-source, public, blockchain-based real-time financial platform. It provides a built-in decentralized asset exchange, similar to NYSE but for cryptocurrencies and without the need to trust a central authority to handle all the funds, that can execute trading using an international network of computers in which anyone can take part. BitShares also provides a cryptocurrency token called “BTS”, which can be transferred between accounts and is used to collect fees for network operations and as a collateral for loans.
The platform has been designed by Daniel Larimer, an American programmer and entrepreneur, and launched in July 2014.
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