Decentralized Autonomous Organization (DAO)
Definition of what Decentralized Autonomous Organization (DAO) stands for (in finance):
An organization governed by smart contracts on a blockchain, allowing automated decision-making without centralized control.
More Term Definitions
- Delegated Proof-of-Stake (DPoS) Definition
- International Organization For Standardization (ISO) Definition
- Governance Definition
- Network Effect Definition
- Card Scheme Definition
