by sparqadmin | Feb 5, 2023 | Reference Library
Automating Democracy A decentralized autonomous organization (DAO) is a type of organization that operates via rules encoded as computer programs called smart contracts. The rules of a DAO are executed automatically, without the need for intermediaries or human...
by sparqadmin | Feb 5, 2023 | Reference Library
A More Secure, Resilient Web The decentralized web is a network of distributed systems and technologies that operate without relying on central authorities or intermediaries. It aims to provide a more open, secure, and autonomous online environment for users, where...
by sparqadmin | Feb 5, 2023 | Reference Library
Economies by the People, For the People Decentralized finance (DeFi) refers to financial systems built on decentralized networks like blockchain technology, where intermediaries are replaced by smart contracts and protocols. DeFi aims to provide financial services to...
by sparqadmin | Feb 5, 2023 | Reference Library
Economics Beyond Currency A token economy is a system in which a person or organization issues tokens that are used to represent a unit of value or currency. These tokens can then be traded, redeemed, or used to access goods, services, or privileges within the...
by sparqadmin | Feb 5, 2023 | Reference Library
Automated AgreementsĀ Smart contracts are self-executing computer programs that enforce the terms of an agreement between parties, without the need for intermediaries. They are stored and replicated on a blockchain network, making them transparent, tamper-proof, and...