BTS to Fiat Converter

BitShares Blockchain: A Decentralized Financial Technology Platform

BitShares Blockchain is a decentralized "Blockchain as Organization" (BaO), an open-source platform designed for high-performance financial operations. It operates as the first decentralized autonomous community, empowering its core utility token (BTS) holders to guide the Blockchain's development and maintain a diverse suite of decentralized financial products and services. The platform securely records transactions between accounts while enabling flexible access controls for users.

### Decentralized Consensus for Market Solutions

BitShares supports digital entrepreneurs, investors, and developers by leveraging decentralized consensus and decision-making to foster free-market innovation. Just as the internet revolutionized information sharing, consensus technology transforms economics by aggregating real-time knowledge to optimize resource allocation efficiently.

### Extending Blockchain Innovation Across Industries

BitShares applies blockchain innovation to industries reliant on the internet—such as banking, exchanges, voting, auctions, and more—by enabling the creation of distributed autonomous organizations (DAOs or BaO). These entities operate without human management, governed by transparent, auditable rules encoded in open-source software. This structure ensures efficiency, trustworthiness, and cost-effectiveness compared to traditional centralized models.

### Evolution of Consensus Technology

BitShares has continuously evolved to remain at the forefront of blockchain technology. It employs consensus as a decision-making mechanism, aligning with democratic governance and free-market principles. Unlike Bitcoin's proof-of-work, BitShares utilizes Delegated Proof of Stake (DPoS) to achieve efficient, scalable distributed consensus. This approach ensures network security while enabling stakeholders to participate in governance.

By integrating decentralized consensus with modern technology, BitShares advances the potential of blockchain beyond currency, fostering transparent, efficient, and globally accessible financial solutions.