What does blockchain represent (what does blockchain mean)

What does blockchain represent (what does blockchain mean)

What does blockchain dao represent? It is not necessarily a decentralized autonomous organization, but a new form of organization that can promote more efficient coordination and collaboration. For example, a Clique composed of more than 100 people (usually referred to as “DAO”) has grown globally to manage all aspects of the project, improve decision-making efficiency and achieve common goals; Another type is community-based organizations – by recommending products or services to other members to receive rewards, in order to achieve better social welfare goals; Another way is to establish a unique organizational form. (BlockBeats)

What does blockchain mean

According to incomplete statistics from Lianta Think Tank, as of September 30, 2018, the global blockchain industry has over 4 million employees. The emergence of blockchain in the development process of the Internet has led to attention and exploration in various fields of society as a whole. Since November 2017, the Chinese government has issued the “Notice on Preventing Bitcoin Risks” and recently released the “Notice on Strengthening the Supervision of Virtual Currency Trading Places”. According to the latest released information, since 2019, with the gradual implementation of national policies and the vigorous promotion of digital technology in various industries, people have gradually realized the transformative power brought by blockchain.

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