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Decentralized Autonomous Organization

June 27, 2017 8:51 79

In this video, we explain the idea of a Decentralized Autonomous Organization (DOA) A decentralized autonomous organization (DAO) is an organization represented by rules encoded as a computer program. A decentralized autonomous organization (DAO) is an open-source blockchain protocol that automatically performs certain actions without the intervention of intermediaries.Learn more and talk about the current context surrounding the term.
A decentralized autonomous organization is an organization that is run by rules that are created by their members through a consensus process and then written into a set of contracts that are run via computer code, thus enabling the automated management of a distributed organization.

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