The DAO: a radical experiment that could be the future of decentralised governance
A Russian-Canadian, Vitalik Buterin is trying to replace managers and directors with technology. He is the co-creator of a platform, Ethereum, which aims to automate management through codified rules that determine what can be done within an organisation through smart contracts. Such a codified ‘organisation’ is called Distributed Autonomous Organisation (DAO). This cryptographic technology relies on multiparty secure computation to ensure no attacker can subvert it.
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