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

EU issues AI transparency guide ahead of August enforcement
The European Commission published AI Act transparency guidelines ahead of August 2, helping providers identify AI-generated content and reduce risks.
July 27, 2026
BTC Treasury companies really are going to zero!
In this piece, Kurt Wuckert Jr. explains why Bitcoin treasury firms rely on stock premiums to grow BTC holdings and...
July 27, 2026
Advertisement
Advertisement