Right, using Bitcoin as collateral would not solve the problem of volatility.  Bitshares would work the same way. Managing the collateral is a simple business risk that can be professionally managed by experts. As long as one does not replace the Bitcoin nor the USD both sides are fine.

The idea of pooled collateral is an interesting perspective. Would that reduce the individual loss and spread it among all issuers? In the Bitshares blockchain today everybody has to manage their risk level themselves. A bigger BTS buffer helps in volatile times.

I believe it would be beneficial to see a BitShares dynamic transparency page with listings similar to:

https://uphold.com/en/transparency

This page could list smartcoins and also UIAs of bridges and gateways.

Shareholders would then know that their assets are backed by transparent and accountable financial services (no fractional reserves).

That is a very good idea. I like their breakdown of their reserves. Do you have a suggestion how we can arrange the data fields? at the end, we would need a simple mockup for the devs.

I meet with the design team on Tuesday and we discussed the subside design for the site. Each of the three categories will look similar but store different information. We have a) Private users b) Business c) Developers and maybe d) Blockchain geeks (talking about DAC,DAO etc.)

Hi guys, I want to give you a short update about BlockPay and what we have been working on the last few days.

We had to fire our old marketing partners because they did not perform the way we wanted. We now added 2 more people to the core team who will be in charge of all social media channels and keep reporting about our journey. One of the first articles is out already, check out bitshares[/member]-munich/the-faces-behind-blockpay-christoph-and-rodrigo]https://steemit.com/blockpay/@bitshares-munich/the-faces-behind-blockpay-christoph-and-rodrigo .

For direct updates please also follow us on Twitter https://twitter.com/BlockPay_ch and on Facebook https://facebook.com/blockpayde and on Steemit https://steemit.com/@bitshares-munich

Latest Development
Let us take a look at the current software development. We are making great process in the IPFS in C development and further decentralizing the BlockPay core and building up the BlockPay engine. This new DAP structure allows us to install BlockPay on any kind of hardware! Not only on Android and iOS but also on a raspberry pi´s and other mainframes. Imagine you could pay with your Bitcoin at vending machines, petrol stations, power sockets, doors, etc.
We are already talking with industry partners for upcoming integration.

On the other side, we are working on a redesign of the current UI/UX to increase merchant adoption. The onboarding process gets redesigned as well as the settings cleaned out. I will soon share some first design mockups to the community.

Meanwhile, we are ramping up development work with stealth transaction on the Bitshares blockchain. We are now able to hide (sender,receiver,amount,memo field, meta data) from blockchain explorers. Only a timestamp will be left. Stealth is a highly requested feature for all merchants who want to move corporate funds on a blockchain. With this feature, we actually build a hybrid between a public and a private blockchain and give the whole industry a new option to store and move funds on a blockchain. Together with a scalable blockchain, stealth transactions gonna be faster, more secure, more private and easier to use than ZCash or Monero. More exciting news about our development here in the following weeks.

cheers chris4210

Feedback collection:

I like the idea of new info graphics and howtos etc. and I think you should get paid for this. But for bitshares.org I'd rather like to see a more static website with timeless design and no maintenance needed. Like bitcoin.org IMHO

- BTSWolf

Awesome a new Android Wallet for Bitshares! Thank you Alt and welcome back 

Looks like someone of the core team are going out. forme2cu, the 6th richest blockpay owner are selling all tokens.

Nobody from the core team is selling BlockPay Tokens, and all three parties are well known. I don´t know forme2cu, but I am happy to connect and have a chat. The new BlockPay engine will be amazing.

That is a great short video. Keep it up! 

I think we have a couple of other problems that we have to work on right now. One of them is the jammed cryptofresh blockchain explorer that is down.