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

Digital euro vital for tokens, stablecoins: ECB board member
Piero Cipollone says tokenized deposits and stablecoins need central bank money, as the EU plans digital euro standards and Pontes'...
March 30, 2026
London Blockchain Finance Summit: TradFi, DeFi talk adoption barriers
At the London Blockchain Finance Summit, finance leaders pinpoint interoperability as the key barrier holding blockchain back, not just regulation.
March 30, 2026
Advertisement
Advertisement