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
- RSA (Rivest-Shamir-Adleman) Definition
- Issuer Definition
- Alternative Credit Scoring
- Automated Clearing House (ACH) Definition
- Gentleman Agreement Definition
