httpssteemit combitsharesprufarchyarisebank is aiming to decentralize banking with help from bitshares

BitShares – Better than your Bank. Safe as Gold. Bitshares offers its members a stack of financial services including exchange and banking on a blockchain."This dollar denominated debt is a BitAsset known as bitusd. bitshares supports any number of BitAssets including BitGold, BitSilver, BitOil, etc. Whereas normal banks practice the unsustainable business of fractional reserve banking, BitShares uses at least 200 percent reserve and is often over 300 percent reserve.The world’s first decentralized cryptocurrency bank, AriseBank, announced that they have reached an agreement with a federal deposit insurance corporation (fdic) insured bank that has been in operation in the US for over a century. The acquisition, in addition to a partnership with Bitshares, will occur before the end of the year.Change Bank’s main goal is to provide a global, borderless financial service for everyone. The first step is to remove borders in the financial sector and ensure that every single person in this world can access alternative financial services which bypass the traditional monopoly of banks.Get your Bitshares wallet here: View the rest of the BitShares 101 series. View the getting.BitShares Taking Remittance Industry By Storm.. The other 70% of the population is without access to a bank or financial services and have been deemed "the unbanked".. BitShares is.The Future of crypto currency exchanges Posted by Daniel Larimer on January 5, 2015. I started BitShares in response to Mt. Gox having its US bank accounts seized. Since then a number of major crypto currency exchanges have been hacked or shutdown.The BTS backed coins redefine money and are in strong contrast to today’s fractional reserve banking and debt economy. All in all, BitShares is a fully-fledged exchange and financial ecosystem with collateralized tokens tied to real-life assets.The cryptocurrency market is unique and complex, making investment choices difficult. By using a checklist of criteria as outlined in the video, we can identify quality investments. One project that meets all of the requirements of a great investment is BitShares. Let’s test BitShares against this check list and see how it stacks up!BitShares Taking Remittance Industry By Storm.. The World Bank estimates that officially recorded remittances to developing countries amounted to $429 billion in 2016.. BitShares is slowly.