Source. Crypto info.com
What is BitShares?
BitShares logo
Bitshares (BTS) is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. As an example, Bitshares can issue crypto-based assets, denominated by “bitAsset”, that track real-world markets such as the US dollar.
Each smart coin has at least 100% of its value backed by the BitShares’ native currency, the BTS, which can be converted at any time at an exchange rate set by a trustworthy price feed. BitShares also has its own decentralized exchange.