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

Japan advances digital asset financial reform bill
Japan advances a bill reclassifying certain digital assets as financial instruments, moving crypto rules from the Payment Services Act to...
June 16, 2026
GorillaPool launches independent BSV block explorer BananaBlocks
GorillaPool unveils BananaBlocks, a single Go binary BSV block explorer with full UTXO and address indexing, live mempool, network stats,...
June 16, 2026
Advertisement
Advertisement