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
Block reward miners face tough competition amid the pivot to AI, with mounting costs and infrastructure challenges for high-performance computing.
June 19, 2026
The Philippines' central bank has issued sweeping new guidelines for virtual asset service providers.
June 19, 2026




