After the emergence of mankind into the planet, everything is going through some constant changes. It is inventing new ways and opening new doors to organize and increase the scale of cooperation and the structure is becoming more effective. Few changes came to the real-time information exchanges across the world and it lacks the economic means for some general purposes for coordinating all the global peer production.
The blockchain network system is an important innovation for providing programmable account system consequently to lead to the invention of Decentralized Autonomous Organization, in short DAO. From the inspiration DAO, it has generated DAOstack including thousands of open sources to create joint decentralized applications at the time of distributing individuals of ownership.
Every well-organized and coordinated larger number of individuals has the ability to be under one greatest force and drivers of the society. It has gone through the constant evolution over thousands of years. There are a number of challenges for the legacy organization with some possibilities towards the web organization. The future of the organization consists of some elements that are working out to be in the system with fully fledged authority.
The cooperation of agents increases the efficiency with the external marketing with competing forces. This has been originated from the company’s reason for a stable growth. All the coordination of agents entails the cost of increase for the organizational growth. For a stable growth of an organization, it will need more rigidity of the structure in place to face the challenges of the growth that will be required. The larger organization is much more fractious because of the need to cope up with as the external competition is predominant and the actual size of the company will balance with two of these forces:
Introduction to the new technology or new relation with the paradigm shifts by the enabling reduction of coordination with the cost. It will be pushing the scale upwards by the efficiency of the organization towards the new levels. This will trigger the transaction into the landscape of work and business by improvising some social changes. This will act as the exact cause of the invention of crowdsourcing and the internet itself.
Also, the internet service enables open, real-time and peer-to-peer information in exchange to the global scale. For this, the internet media has become more effective and scalable to the traditional media outlets. It has a quicker assimilated the latter. The internet by itself does not have any support to open peer-to-peer exchange for the valuation of general purpose coordinating with the limited potentials to power the global cooperation.
Blockchain has made the second internet revolution adding value to the business into the internet that has done for the information and media. This enables all the unprecedented levels of the crowd by the coordination of the eliminating issues of fault and trust. It consequently forms the technological basis for a Decentralized Autonomous Organization or DAO.
It has formed a new scalable, self-organizing cooperation for the operated smart contracts on the blockchain. Some people believe that DAOs embraces the promise the future of business and work. Despite a number of the traction into the blockchain, the community throughout the subject for a successful governance system based on the DAOs operation if it is missing or not.
DAOstack is the operating system for the autonomous network can ruin their collective or insurance fund. DAOs are adopting all the radical changes by the way people organize all the corporations with the nonprofits for the even nation-states. It develops the foundation elements for the need that facilitates the future transactions.
Website : https://daostack.io/
Ether Address : 0xD06FC8a2d55A84bb2Bd942cb4136835D72BE9ea8
