Difference between revisions of "Decentralized Autonomous Corporation (DAC)"

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A Decentralized autonomous corporation (DAC) is a [[blockchain]] based decentralized system that provide goods or services to society (i.e. profit driven) while not depending upon any single individual, company or organization to have value. DACs allow an organization to distribute profits basing on a set of blockchain based rules. A DAC must have equity (shares) exchanged on its blockchain and must not not depend upon any laws or legally binding contracts.
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A Decentralized Autonomous Corporation (DAC) is a [[blockchain]] based decentralized system that provide goods or services to society (i.e. profit driven) while not depending upon any single individual, company or organization to have value. DACs allow an organization to distribute profits basing on a set of blockchain based rules. A DAC must have equity (shares) exchanged on its blockchain and must not not depend upon any laws or legally binding contracts.
  
DAC could be called a subset of DAO, a decentralised autonomous organization operating under a certain set of rules specified on a blockchain.
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DAC could be called a subset of [[Decentralized Autonomous Organization (DAO)|DAO]], a decentralised autonomous organization operating under a certain set of rules specified on a blockchain.
  
==See Also--
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==Links==
  
[[Decentralized Autonomous Organization (DAO)]]
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* '''@dan''': [https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa Is The DAO going to be DOA?] ''May 5, 2016''
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* '''@apasia.tech''' : [https://steemit.com/bitshares/@apasia.tech/revisiting-the-laws-and-rules-of-the-bitshares-dac Revisiting the Laws and Rules of the BitShares DAC] ''March 11, 2018''
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* '''@sorin.cristescu''' : [https://steemit.com/steemfest/@sorin.cristescu/a-steemdac-eb496b513712 A steemDAC ?] ''November 10, 2018''
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* '''@lukestokes''' : [https://steemit.com/steemdac/@lukestokes/steemdac-a-plan-we-can-start-today-to-decentralize-steem-governance SteemDAC: A Plan We Can Start Today to Decentralize Steem Governance] ''January 20, 2019''
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* '''@blocktrades''' : [https://steemit.com/blocktrades/@blocktrades/testnet-for-steem-proposals-is-live-and-ready-for-testing Testnet for Steem proposals is live and ready for testing] ''March 11, 2019''
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==Related Articles==
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* [[BitShares]]
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* [[Dan Larimer]]
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* [[Decentralized Autonomous Organization (DAO)]]
  
 
== External Links ==
 
== External Links ==
  
* '''Dan Larimer''': [https://letstalkbitcoin.com/dac-revisited DAC Revisited]
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* '''Forbes''' : [https://www.forbes.com/sites/nataliakarayaneva/2019/05/23/the-office-as-a-network-blockchain-as-a-model-for-business/#2f2673db21f0 The Growing Trend in Workspaces: Distributed Remote Teams] ''Written by Natalia Karayaneva, published in 5/23/2019''
* '''Dan Larimer''': [https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa Is The DAO going to be DOA?]
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* '''Qiao Wang's Blog on Medium''' : [https://medium.com/@QwQiao/cryptonetworks-and-the-theory-of-the-firm-a11961a41f7c Cryptonetworks and the Theory of the Firm] ''Written by Qiao Wang, published in 10/4/2018''
* '''Smith & Crown:''' [https://www.smithandcrown.com/introduction-decentralized-autonomous-corporations-dacs/ Introduction to Decentralized Autonomous Corporations (DACs)]
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* '''Smith & Crown:''' [https://www.smithandcrown.com/introduction-decentralized-autonomous-corporations-dacs/ Introduction to Decentralized Autonomous Corporations (DACs)] ''Written by unsigned, published in 17/3/2016''
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* '''Triple C''' : [https://www.triple-c.at/index.php/tripleC/article/view/692 The Real World of the Decentralized Autonomous Society] ''Written by J.Z. Garrod, published in 2/17/2016''
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* '''Let's Talk Bitcoin''': [https://letstalkbitcoin.com/dac-revisited DAC Revisited] ''Written by [[Dan Larimer]], published in 11/2/2013''
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<br>
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{| class="wikitable" style="margin: auto;"
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| Help keep this wiki page updated. Register, click in [https://www.steem.center/index.php?title=Decentralized_Autonomous_Corporation_(DAC)&action=edit edit], add or modify the text and save. <br>If you're already a steemian you can be rewarded with STEEM, see how in [[Steem.center:STEEM Rewards]].
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|-
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|}
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[[Category:Business]]

Latest revision as of 11:52, 30 October 2019

A Decentralized Autonomous Corporation (DAC) is a blockchain based decentralized system that provide goods or services to society (i.e. profit driven) while not depending upon any single individual, company or organization to have value. DACs allow an organization to distribute profits basing on a set of blockchain based rules. A DAC must have equity (shares) exchanged on its blockchain and must not not depend upon any laws or legally binding contracts.

DAC could be called a subset of DAO, a decentralised autonomous organization operating under a certain set of rules specified on a blockchain.

Links

Related Articles

External Links




Help keep this wiki page updated. Register, click in edit, add or modify the text and save.
If you're already a steemian you can be rewarded with STEEM, see how in Steem.center:STEEM Rewards.