BitShares is a cryptocurrency and financial blockchain smart contracts platform. BTS is based on the as blockchain technology as used by Bitcoin. Unlike bitcoins, which do not produce any income for their owners, BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders.
The currency is currently ranked as the 8th largest by market cap, worth around US$23 million. The cryptocurrency’s price chart had been steadily headed downhill since trading started in July 2014. Today, that trend has taken a sharp turn upwards, with news of Microsoft’s Azure Blockchain as a Service (BaaS) platform adding a BitShares template package. The template deploys a BitShares node and a command-line wallet on Ubuntu Linux.
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