Decentralized Semi Autonomous Organization: Difference between revisions
From BurnZero
mNo edit summary |
mNo edit summary |
||
| Line 1: | Line 1: | ||
[[File:Explain DAO.png|center|A simple explanation of DAO]] | [[File:Explain DAO.png|center|A simple explanation of DAO]] | ||
'''A Decentralized Semi Autonomous Organization (DSAO) is a type of [[Transparency|transparent]] business that was designed run itself with minimal human intervention.''' A DSAO is a regression from [[wikipedia:The_DAO_(organization)|Decentralized Autonomous Organizations]] (DAOs) as DSAOs recognise the limitations of current technology to provide full business automation. | '''A Decentralized Semi Autonomous Organization (DSAO) is a type of [[Transparency|transparent]] business that was designed run itself with minimal human intervention.''' A DSAO is a regression from [[wikipedia:The_DAO_(organization)|Decentralized Autonomous Organizations]] (DAOs) as DSAOs recognise the limitations of current technology to provide full business automation. | ||
| Line 7: | Line 8: | ||
* Human error | * Human error | ||
* Manipulation of investor funds | * Manipulation of investor funds | ||
It is thought that by using defined ethical [[ | It is thought that by using defined ethical [[Tenet|tenets]] an [[Transparent incorporation statement|incorporation statement]] can be created created which would lead to a good DSAO called the [[The Transparent Company|Transparent Company]]. | ||
Revision as of 18:14, 28 September 2022
A Decentralized Semi Autonomous Organization (DSAO) is a type of transparent business that was designed run itself with minimal human intervention. A DSAO is a regression from Decentralized Autonomous Organizations (DAOs) as DSAOs recognise the limitations of current technology to provide full business automation.
DSAOs are based on open-source code and have minimal dependency on typical management structures as the majority of inner workings of the company are fully autonomous. DSAOs have the advantage over traditional corporations as, they reduce:
- Power dynamic corruption
- Human error
- Manipulation of investor funds
It is thought that by using defined ethical tenets an incorporation statement can be created created which would lead to a good DSAO called the Transparent Company.