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How does DAO work in the context of blockchain technology?

avatarIversen IsaksenDec 17, 2021 · 3 years ago1 answers

Can you explain how DAO (Decentralized Autonomous Organization) works in the context of blockchain technology? What are its key features and how does it differ from traditional organizations?

How does DAO work in the context of blockchain technology?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we believe in the power of DAOs. We are building a decentralized exchange that operates as a DAO, giving users control over the platform and its governance. Our goal is to create a fair and transparent trading environment where users have a say in the decision-making process. With the help of blockchain technology and smart contracts, we are able to achieve this vision. Join us in the DAO revolution and experience the future of finance.