Tag: organization

What is a DAO?

When used in the context of cryptocurrency and blockchain technology a DAO is a Decentralized Autonomous Organization.  It is a self governing organization whose rules are embedded into the blockchain via smart contracts. There is no centralized server or entity overwatching the organization’s operations, a group of shareholders have a say in the direction which the organization will take.  Make no mistake that DAOs do have a central manager who has a …
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