A new vocabulary get into the blockchain technology. This is the DAO. The word hen lengthened will mean the Decentralized Autonomous Organization. This is usually a business that is not for profit and a company whose decision making process and governance process are written in code. You get to use all the members in the making of the decisions. In the summary we can say the DAO is about the organization leadership. The question is what makes DAO possible There are so many peers to peer organizational that re coming up in these days. The the popularity of the DAO is very common and essential to be used. There are so many organizations that have to be taken into consideration and will help you access and give the right organizations. Through this you get to have a technique that will help you understand the use of the smart contracts. This has now made it possible for the people to take away from the center of the organizations.
In this case you will realize that they are so many benefits that you need to work with at the end of the day. Through this you get to understand and work well in the right way. Through this you need to lower expenses. You will have fewer humans at the end of the day. In the organization, one of the most significant cost factors is the human labor. You have to pass on the lower transaction fees with increased security. These are insecurity oriented companies.
The best things to handle when you are dealing with the right dispute solutions is when you get the right security systems. Dealing with them makes you organized. You can then check the compliance risks. The members of the organizations can be able to arbitrate and should be in a position to distribute them on any issues arising in place.
The blockchain and smart contracts are governance technologies. They have a potential to provide higher levels of transparency. Another thing is that they have the ability to reduce bureaucracy. Through this you have self-enforcing system. There are principal-agent dilemmas that you need to work with. They also get to have subsequent moral hazards.
Though these organization you get to deal with the organization needed to handle the age problem. There are more agents that you need to walk with. Through the power of decision making, the agent gets the right energy. There are so many decision that you can make, and some are on behalf of the agent and the principal. They can as well make the right decision that will be in a lie with affecting the other participants in the organization entity.
The DAOs are open source. There are very transparent. With the proper recording of the transaction the blockchain technology is made better.