organization No central control by a Ws Numbers List company like Facebook or Google, a government or a person, but by all Ws Numbers List participants collectively. In a decentralized way. Decentralized autonomous organizations ( DAOs ) are organizations without a central authority, which are governed Ws Numbers List on the basis of pre-programmed smart contracts .
What Bitcoin does to money, a DAO Ws Numbers List does to organizations. Within a DAO there are no hierarchies, everything is Ws Numbers List transparent and people who do work for the DAO are paid in cryptocurrencies. You can Ws Numbers List already see this nicely in action at Decentral and , an open-source virtual reality initiative. It calls itself the first truly decentralized world, fully operating
as DAO. In this interactive 3D world, anyone Ws Numbers List can buy a piece of LAND , visit a museum or club and take a gamble Ws Numbers List in a casino. Companies such as Coca-Cola sell virtual products and recently the first Ws Numbers List VR music festival was also organized. 2. Self-sovereign identity Decentralized organizations are also nicely in line with a topic I wrote about in my
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