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

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==Links==
 
==Links==
  
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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''
 
* '''@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''
 
* '''@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''
 
* '''@sorin.cristescu''' : [https://steemit.com/steemfest/@sorin.cristescu/a-steemdac-eb496b513712 A steemDAC ?] ''November 10, 2018''
 
* '''@sorin.cristescu''' : [https://steemit.com/steemfest/@sorin.cristescu/a-steemdac-eb496b513712 A steemDAC ?] ''November 10, 2018''
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== 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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* '''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''
* '''Smith & Crown:''' [https://www.smithandcrown.com/introduction-decentralized-autonomous-corporations-dacs/ Introduction to Decentralized Autonomous Corporations (DACs)]
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* '''Let's Talk Bitcoin''': [https://letstalkbitcoin.com/dac-revisited DAC Revisited] ''Published by [[Dan Larimer]], published in 11/2/2013''
  
 
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Revision as of 10:55, 24 May 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.

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