The BitShares Blockchain now has a whole new purpose.
Not only is it a second generation coin containing a decentralized exchange that produces smart-currency products...
Now it's also a transparent inter-company network letting exchanges give their customers and assets trading access to customers and assets on other exchanges.Instead of competing with traditional exchanges,
we are multiplying the markets they can enjoy by networking with each other.
Here's the details about why this is revolutionary:Now that you've had time to absorb all the cool new features in BitShares 2.0, its time to start unveiling some of the implications about what is possible. In this post, I'll lay out one of them.The BitShares Smartchain can serve as a backbone
to support live trading between traditional exchanges.
Now, instead of having separate shallow markets inside their own stovepipe order books, they can use BitShares to enable all their customers to trade all their assets with the customers and assets of other exchanges. Small exchanges can band together to attract medium exchanges to join them to compete with still bigger exchanges. Like a rolling stone.
This greatly expands the network effect, liquidity and market depth of all participants. A bigger pie for everyone.
And with our new referral system, every participating exchange keeps their own profits from signing up their own customers and issuing their own assets.
We have the perfect way for them to safely compete and cooperate on a single, compelling, transparent exchange network.The BitShares Exchange Network.So, exchanges can do more than just serve as gateways and bridges.
They can publish their own order books transparently on our Smartchain.So everyone can KNOW that they are honest and solvent.
And every customer holds the keys to their own assets, fully decentralized where they won't be such juicy targets for hackers.
With easy to use multi-sig accounts to make those decentralized accounts even more secure.
BitShares 2.0 has the industrial strength to handle the workload of all member crypto exchanges combined.
It is the perfect application to serve as an inter exchange networking back bone.
(Almost like we planned it that way.)
Yeah, but it will never happen, right?
Not so fast! Check out this week's Big BitShares Announcement!CCEDK.com will put its exchange on a transparent Smartchain offering to trade with other exchanges there.
(And provide them fiat ramps and crypto-aware debit card support in the mix.)Read their news release here. (https://bitshares.org/blog/2015/06/16/danish-firm-set-to-revolutionize-cryptocurrency-industry/)
I like to think of BitShares as a platform for business and investors.
Exchanges such as OpenLedger, Poloniex, Shanghai Composite and even NASDAQ can prove their solvency and automate many of their internal processes.
Businesses can raise money, offer Rewards Card (loyalty) programs, utilize remittance and wealth management services, even send money to anyone in the world for under 1 cent.
Investors can invest in any number of successful businesses using BitShares' asset features.
Savers can safely store their wealth, send and receive funds in under 3 seconds.
Decentralized governance allows users to vote on new features, prices and other things they are interested in.
I think the homepage should showcase the companies that use the platform and what those companies have to offer. Free advertising for them. Automatically rotate thru a few of them with each page load (or maybe a reactjs slider).
Then, lower on the page get into the technicals of the platform.
Some life is always nice too, maybe a ticker tape across the top, live tweets at the bottom.
I know a handful of CEO in Marketing agency that would be more than interested in powering this coin out of the fog... BTS is really the most powerful yet undervalued coin.
On a side note Ken and since I have your attention, I took some time to look into your SmartPOS project. I have a bar/diner club and a fast food chain I might be able to approach with this. They already own some bitcoin so I think the door is wide open. I just wonder about so many thing business related, please contact me in PM. :D
In writing the BitShares description I noticed that we actually failed to address the right market...
BitShares in a nutshell is a trading engine software for exchange service operators like CCEDK, BitStamp, Kraken etc. Uniting all order books and give everybody more liquidity. However, the sales pitch is hard because the exchange has to give up his control over the order book and has to be 100% transparent.
Question to the community: Should the new website description rather
a) focus on people who want to build or are running an exchange already?
b) focus on companies, startups who want to connect to the global exchange via API and enable payments, trading etc. at the DEX?
c) focus on startups who want to start a crowdfunding and seek a platform for their initial coin offering (ICO)?
In the long term BitShares technology has a b2b focus and is more interesting for exchange operators or startups like BitShares Munich who build mobile payments and pos services. An individual person needs a good, solid interface to interact with BitShares.
What are your thoughts?
Ok, I created a first draft of the new website texts, USP´s and latest projects on the BitShares Platform. Please read the texts carefully and give me feedback.
I also need your help to crowdsource the descriptions for each BitShares project. Please add a short description to your project. Not more than 200 words. Thank you.
_____________________________________-
Exchanges build on BitShares:
I want to push this post. Please help me and write a short summary for each project. thx
OpenLedger www.openledger.info
...
DEX (Johnny Bitcoin) www.thedex.org
…
Maker https://makerdao.com/
…
Mobile Wallets
BitShares Mobile Wallet www.bitshares-munich.de
The first BitShares mobile wallet for Android and iOS. Download the app with a few clicks and deposit the first funds on your phone. You can now store SmartCoins like Bitcoin, Ethereum, BitUSD, BitEUR and many more on your phone. Pay everywhere with your Smartcoins.
BitCash www.bitcash.org
…
ECHO www.my-echo.com
ECHO is a new social messenger that combines the best of WhatsApp and Paypal in one app. Users can easily send texts and selfies peer-to-peer encrypted to their friends and family. Split the bill or pay back your friends with a few clicks and within seconds.
Payment Service Providers
BitShares Munich SmartCoins POS www.bitshares-munich.de
...
Initial Coin Offering (ICO)
OBITS https://obits.io/
...
DIGIX
...
LISK
...
MAKER
...
Sollywood & Sollars http://newmoney.sollars.com/
…
Others:
BitLand http://www.bitland.world/
...
Bunkerchainlabs http://www.bunkerchainlabs.com
....
Sharebits http://sharebits.io/
...
Compumatrix https://www.compumatrix.us.com/
…
Thank you for your help!!
In writing the BitShares description I noticed that we actually failed to address the right market...
BitShares in a nutshell is a trading engine software for exchange service operators like CCEDK, BitStamp, Kraken etc. Uniting all order books and give everybody more liquidity. However, the sales pitch is hard because the exchange has to give up his control over the order book and has to be 100% transparent.
Question to the community: Should the new website description rather
a) focus on people who want to build or are running an exchange already?
b) focus on companies, startups who want to connect to the global exchange via API and enable payments, trading etc. at the DEX?
c) focus on startups who want to start a crowdfunding and seek a platform for their initial coin offering (ICO)?
In the long term BitShares technology has a b2b focus and is more interesting for exchange operators or startups like BitShares Munich who build mobile payments and pos services. An individual person needs a good, solid interface to interact with BitShares.
What are your thoughts?
Why not have a usecase for each of those explained in detail? I think that would be the best, if not, then b)
In writing the BitShares description I noticed that we actually failed to address the right market...
BitShares in a nutshell is a trading engine software for exchange service operators like CCEDK, BitStamp, Kraken etc. Uniting all order books and give everybody more liquidity. However, the sales pitch is hard because the exchange has to give up his control over the order book and has to be 100% transparent.
Question to the community: Should the new website description rather
a) focus on people who want to build or are running an exchange already?
b) focus on companies, startups who want to connect to the global exchange via API and enable payments, trading etc. at the DEX?
c) focus on startups who want to start a crowdfunding and seek a platform for their initial coin offering (ICO)?
In the long term BitShares technology has a b2b focus and is more interesting for exchange operators or startups like BitShares Munich who build mobile payments and pos services. An individual person needs a good, solid interface to interact with BitShares.
What are your thoughts?
I think the website should discuss the various use cases. That should include from the end-user standpoint (e.g. cryptocurrency traders, and those that want to invest in Bitshares and perhaps participate in its governance), as well as from the standpoint of businesses that might like to build atop Bitshares including exchanges (both new and existing), wallet providers, existing businesses that want their own tradeable crypto-token, existing cryptocurrencies that don't want or need to continue maintaining their own blockchain, etc.
In writing the BitShares description I noticed that we actually failed to address the right market...
BitShares in a nutshell is a trading engine software for exchange service operators like CCEDK, BitStamp, Kraken etc. Uniting all order books and give everybody more liquidity. However, the sales pitch is hard because the exchange has to give up his control over the order book and has to be 100% transparent.
Question to the community: Should the new website description rather
a) focus on people who want to build or are running an exchange already?
b) focus on companies, startups who want to connect to the global exchange via API and enable payments, trading etc. at the DEX?
c) focus on startups who want to start a crowdfunding and seek a platform for their initial coin offering (ICO)?
In the long term BitShares technology has a b2b focus and is more interesting for exchange operators or startups like BitShares Munich who build mobile payments and pos services. An individual person needs a good, solid interface to interact with BitShares.
What are your thoughts?
Why not have a usecase for each of those explained in detail? I think that would be the best, if not, then b)
I think the website should discuss the various use cases. That should include from the end-user standpoint (e.g. cryptocurrency traders, and those that want to invest in Bitshares and perhaps participate in its governance), as well as from the standpoint of businesses that might like to build atop Bitshares including exchanges (both new and existing), wallet providers, existing businesses that want their own tradeable crypto-token, existing cryptocurrencies that don't want or need to continue maintaining their own blockchain, etc.
Hi all, I started a Steem discussion about this topic : https://steemit.com/bitshares/@Chris4210/bitsharesPage not found (404)
I collected some good ideas and wrote the first texts. Now the next question is, how do we fund the update. Since our current worker situation is limiting us, I will try it with a Steem post. Please vote for the post +5% . Thank you!!
Chris4210[/member]/bitshares]https://steemit.com/bitshares/@Chris4210/bitshares (https://steemit.com/bitshares/[member=38926)
What are your thoughts?In general