Overview#

Decentralized Autonomous Organization (DAO) is an Organizational Entity that is run through rules encoded as computer programs called Smart contract.[1]

Typically, a Decentralized Autonomous Organization financial transaction record and program rules are maintained on a blockchain.

There are several examples of this framework.

LDAPWiki has also seen Decentralized Autonomous Corporation (DAC) which is a Decentralized Autonomous Organization.

The precise legal status of Decentralized Autonomous Organization is unclear.

More Information#

There might be more information for this subject on one of the following:

• DAO
• Decentralized Autonomous Corporation
• Smart contracts

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• [#1] - Decentralized_autonomous_organization - based on data observed:2015-05-18