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  1. Categories >> Software >> Cryptography >> Blockchain
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What is the concept of dao?

Question Posted / Devesh Shankar Pandya

Answer Posted / Devesh Shankar Pandya

In Blockchain, DAO (Decentralized Autonomous Organization) is a digital entity that operates autonomously and democratically. It functions using smart contracts to automate business logic and governance rules, allowing decisions to be made collectively by its members or token holders without the need for intermediaries.

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