Defi Development Services06 Dec, 2022Technology
Decision-making across companies have been always centralized unless a Bengaluru-based blockchain firm Polygon announced that it is building a decentralized autonomous organization (DAO). DAO is an emerging form of legal structure with no central governing body where every member within a DAO shares a common objective. With crypto-currency enthusiasts and blockchain technology, DAOs facilitate the decisions making in a bottoms-up management approach. DAO is not controlled by a single institution like a government or central bank rather it is divided among a variety of computers, networks, and nodes.
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