A Decentralized Autonomous Organization, or DAO, is a type of organization that is run using smart contracts on a blockchain platform. Because it is decentralized and autonomous, it does not have a traditional system in which people are arranged acco...
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control, or document legally relevant events and actions according to the terms of a contract or an agreement. A smart contract is an agreeme...
The Web is the common name for the World Wide Web, also known as W3 or WWW, and it was invented by the computer scientist Tim Berners-Lee in the year 1989. Many people assume that the Web is the same as the Internet. The term "internet" is defined as...
