!!! Overview
[{$pagename}] ([DAO]) is an [Organizational Entity] that is run through rules encoded as computer programs called [Smart contract].[1]

Typically, a [{$pagename}] [financial] transaction record and program rules are maintained on a [blockchain].

There are several [examples] of this [framework]. 

[{$applicationname}] has also seen [Decentralized Autonomous Corporation] ([DAC]) which is a [{$pagename}].

The precise legal status of [{$pagename}] is unclear.

!! More Information
There might be more information for this subject on one of the following:
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* [#1] - [Decentralized_autonomous_organization|Wikipedia:Decentralized_autonomous_organization|target='_blank'] - based on data observed:2015-05-18