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The King of DAOs - A Bitcoin Justice Department
Manage episode 431484567 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/the-king-of-daos-a-bitcoin-justice-department.
The next Big DAO will be a Crypto Justice Department. Āut Labs is a DAO incubator and accelerator with the tools to give the next Big DAO a chance.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #dao, #optout, #web3, #autonomy, #selfsovereignty, #identity, #aut-labs, #bitcoin, and more.
This story was written by: @maken8. Learn more about this writer by checking @maken8's about page, and for more stories, please visit hackernoon.com.
Smart contracts on the blockchain upend the current legal system by allowing individuals to make contracts with code and not papers. When smart contracts allow a group of more than two individuals to effectively manage their blockchain financial affairs, they form an autonomous system for managing them. What is called a Decentralized Autonomous Organisation (DAO)
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