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

Global AI adoption climbs 1.5% in Q1 2026: Microsoft report
Microsoft's Global AI Diffusion report reveals a rise in AI adoption, highlighting trends, regional growth, and the gap between the...
May 14, 2026
Latest (last?) CLARITY draft sparks last-minute stakeholder push
Congress unveils the latest CLARITY Act draft amid fierce lobbying from banks and unions, impacting digital asset rewards and DeFi...
May 13, 2026
Advertisement
Advertisement