In his presentation at the ICICT 2019, nChain Chief Scientist Dr. Craig Wright explains the concept behind decentralized autonomous corporations (DACs). The idea behind DACs is essentially not to allow centralization and have things in multiple areas, while also getting rid of failure points.
Click here to read the article in full.
Recommended for you
London Stock Exchange Group launches a blockchain-based private funds platform with Microsoft, bridging TradFi and digital assets with DLT innovation.
September 18, 2025
Disney, Universal, and Warner Bros. sue Chinese startup MiniMax, alleging its AI tool, Hailuo, stole Hollywood content in "brazen" copyright...
September 18, 2025