What is a DAO, or a decentralized organization?

A Distributed Autonomous Organization (DAO) is a combination of software and social connections. It’s able to act as a decentralized company for the benefits of its members – but no member has a controlling stake in it. My analysis of this phenomenon will be split into two parts. In the first part, we’ll focus on […]

Blockchain immutability: Behind smart contracts

The Ethereum smart contract has taken the world by storm, with its wide adoption for ICOs. Smart contracts are, in essence, computer programs executed in a sandboxed environment, so one that restricts them. That restriction provides special functions and properties: the famous blockchain immutability is one of them. Let’s dive into those. Blockchain immutability As […]

6 ways to stay ahead of blockchain competition

It’s not enough to throw in blockchain as a buzzword to get ahead. To be competitive, crypto-based organizations constantly have to innovate. An ‘edge’ or competitive advantage leading from just an innovative product is usually short-lived. Why? In a reasonable amount of time, it’s easy for other market participants to imitate the product or even […]