SmartCoins provide the freedom of cryptocurrency with the stability of the dollar.
A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar, Colombian Peso, or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed.
In all but the most extreme market conditions, SmartCoins are guaranteed to be worth at least their face value (and perhaps more, in some circumstances). Like any other cryptocurrency, SmartCoins are fungible, divisible, and free from any restrictions.
The BitShares platform provides a feature known as "user-issued assets" to help facilitate profitable business models for certain types of services.
The term refers to a type of custom token registered on the platform, which users can hold and trade within certain restrictions.
The creator of such an asset publically names, describes, and distributes its tokens, and can specify customized requirements, such as an approved whitelist of accounts permitted to hold the tokens, or the associated trading and transfer fees.
Your money goes directly from you to its destination, no middlemen ever get control of your money. That includes us..
No one can freeze, seize, hack or attack your wealth. You are always in control and your identity can never be stolen.
Share control of accounts with friends, family, and business associates with complete accountability and flexibility never before available in legacy banking.
Wiring money in the legacy banking system takes days. We let you send it anywhere in the world within seconds.
HAVING ADDED A GATEWAY TO MULTI-CURRENCIES OF FIAT AND WITH THE JURISDICTION PLACED IN CRYPTO FRIENDLY DENMARK PART OF EU, MERKABAHNK IS A UNIQUE PLATFORM OPEN FOR MAINSTREAM ACCEPTANCE AS WELL, IT IS IN FACT A LEDGER OPEN TO THE WORLD AND TO BE EXPLORED OVER AND OVER AGAIN!
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