Blockchain
How can we use DAO to facilitate business?
https://cointelegraph.com/decentralized-automated-organizations-daos-guide-for-beginners/types-of-daos-and-how-to-create-a-decentralized-autonomous-organization Idea one is as a defence against MSC legislation, two is versus the concept of Companies being of Personal Service
Native governance tokens are distributed to the members and contributors who have ever used the DeFi protocol under consideration. These tokens represent ownership rights, but they do not have any market value.
In fact, just as the cloud displaced legacy enterprise applications, decentralized ledgers will soon replace centralized cloud-based systems. One reason is decentralized ledgers are simply technologically superior to centralized ones.29 Mar 2018
Blockchain increases trust, security, transparency, and the traceability of data shared across a business network — and delivers cost savings with new efficiencies.
Blockchains only differ from other database types by the way they store data. While blockchains can be considered a database, a database is typically not a blockchain. Databases generally don’t use signed blocks to store the data.
What will replace blockchain?
Hashgraph is known for its speed as it can handle thousands of transactions per second and verify over a million signatures per second. It can be called the new generation of blockchain and may well take over blockchain technology by proving its worth and authenticity.
Today’s web is also filled with concerns around data privacy, fake news, identity theft hacks. Web2 is centralized and a few corporations hold the power of data. Kumar quotes: “If you’re not paying for it, you’re not the customer. You’re the product.” Ed: me too! He believes that the problem is that we don’t own or control that data, and this concept gets changed on Web3.