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
The Canadian tax authority, the CRA, finds that 40% of digital asset users are at risk of tax evasion, revealing...
December 12, 2025
Do Kwon gets 15 years for Terraform Labs’ collapse after pleading guilty to fraud charges, capping a multinational pursuit after...
December 12, 2025





