The idea of a DAO is based on the concept of traditional organizations and decentralizes it. Instead of hierarchical structures managed and controlled by a set of leaders, a decentralized organization is based on a group of people who interact with each other according to a protocol defined in the blockchain. DAOs are the most complex form of a smart contract.
Manage employees, contractors, partners and customers in a digital business ecosystem.
Automate payments if all criterias of the smart contract are met and validated.
- Share tasks with your partners and end customers without border
- Reports can be submitted with a digital signature
- Automated payment distribution by our core-payments module
How DAOs work
Decentralized Autonomous Organisations (DAOs) run through rules encoded as computer programs called smart contracts where the bylaws of the decentralized organization are embedded into the code of the smart contract, using complex token governance rules.
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