One of the most notable concepts that has been successfully implemented through the blockchain technology is the DAO — aka a Decentralized Autonomous Organization. These organizations operate exclusively on smart contracts. Everything, starting from the financial transactions to rules are encoded on a blockchain. …

What is a cryptocurrency?

When you hear about cryptocurrency at first, it might sound complicated and complex. However, in reality it is actually quite simple. It can be classified as a digital asset or token that is created to be exchanged on platforms that function on blockchain technology or cryptography…

A decentralized autonomous organization (DAO) is one of the most innovative concepts to have been successfully implemented through blockchain technology.

A blockchain is a digital ledger of transactions that are duplicated and distributed across the entire network of computer systems, or the internet.

A DAO is formed by combining blockchain…

One of the most innovative concepts to have been successfully implemented through the blockchain technology is the introduction of Decentralized Autonomous Organisations or DAOs. Vitalik Buterin, one of the co-founders of Ethereum (ETH), defines a DAO as a “virtual entity that has a certain set of members or shareholders who…

On 7th September 2021, the novel law authorizing Bitcoin as a legal tender in El Salvador came into force, completely changing the way digital currencies would be viewed now and in the future. Businesses from supermarkets to hairdressers and even restaurants will now have to accept Bitcoin as it becomes…

WACEO

Providing the Road to Regulatory Clarity in the Blockchain Industry.

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