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
- Automated Market Maker (AMM) Definition
- Colored Coins Definition
- International Bank Account Number (IBAN) Definition
- Point Of Contact (PoC) Definition
- Nonce Definition
