Blockchain technology for decentralized autonomous organizations
Madhusudan Singha,b; Shiho Kimb a School of Technology Studies, Endicott College of International Studies, Woosong University, Daejeon, South Koreab Yonsei Institute of Convergence Technology, Yonsei University, Seoul, South Korea
With continuously changing operational and business needs of the organizations, Decentralized Autonomous Organizations (DAO) is the current need of the organizations. Centralized Autonomous Organization (CAO) lack transparency and are managed by few efficient managers whereas Decentralized autonomous Organization's (DAO) is novel scalable, self-organizing coordination on the blockchain, controlled by smart contracts and its essential ...
Get Role of Blockchain Technology in IoT Applications now with the O’Reilly learning platform.
O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.