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

Foundry to start mining Zcash as BTC’s luster continues to fade
As BTC approaches its 21 million cap, miners may shift to AI profits, raising the question of whether AI agents...
March 13, 2026
BitGo selected to provide stablecoin infrastructure for SoFiUSD
BitGo Bank & Trust partners with SoFi Bank to support SoFiUSD, a U.S. dollar-pegged stablecoin, enhancing digital finance infrastructure.
March 13, 2026
Advertisement
Advertisement