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February 2023

The use of blockchain technology in e-government services

The use of blockchain technology in e-government services

The role of the DAO in government Most countries currently offer e-services, in which public services are delivered via information and communication technologies for the benefit of their inhabitants.  These e-services are used for a variety of government tasks, including voter registration, driver’s license acquisition, immigration, taxes, and more. Overall, e-services have increased government productivity […]

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How the Biggest Money Experiment in Human History Will Impact Global Payments

How the Biggest Money Experiment in Human History Will Impact Global Payments

Decentralized finance adds value by making it easier to validate quantifiable economic decisions. It has proven successful because an automated trust mechanism for simple or complicated transactions offers straightforward criteria for quantifying the benefit of the choice.  Keep in mind that the legal status of this type of business entity is often unknown and may

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How does a decentralised autonomous organisation (DAO) work?

How does a decentralised autonomous organisation (DAO) work?

What is a DAO? The Blockchain Forum is devoted to establishing community chapters throughout India in order to raise awareness of Web 3.0. In addition, the forum intends to work with universities and other research institutes to achieve even greater success.  Furthermore, the blockchain forum would make it easy to participate in policy-making to ensure

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The French NFT Platform Steps Up and Signs With the Premier League

The French NFT Platform Steps Up and Signs With the Premier League

As the market recovers from the winter, brands and sports leagues are resuming ties with cryptocurrency firms. The English Premier League has teamed up with Sorare. The French company has had its fair share of regulatory issues. The Premier League, the English soccer league comprised of 20 clubs, has teamed with the French-based NFT trading

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DAO Governance Models: A Beginner’s Guide

DAO Governance Models: A Beginner’s Guide

What is DAO governance? Satoshi Nakamoto, the creator of Bitcoin (BTC), wrote the BTC white paper more than a decade ago, proposing a decentralised, peer-to-peer (P2P) system. Despite its origins as a peer-to-peer cash system, the new technology now allows users to transact while retaining data integrity and security.  The introduction of blockchain has raised

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What is a decentralised autonomous organization, and how does a DAO work?

What is a decentralised autonomous organization, and how does a DAO work?

A decentralised autonomous organisation (DAO) is a non-centralized organization. Bottom-up decisions are made, governed by a community organised around a certain set of rules enforced on a blockchain.  DAOs are internet-native organisations that are owned and governed collectively by their members. They have built-in treasuries that can only be accessed with the permission of their

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What are the various DAO governance challenges?

What are the various DAO governance challenges?

How do decentralised autonomous organisations work? Smart contracts are used to build the DAO’s rules, which are set by a core team of community members. These smart contracts are visible, verifiable, and publicly auditable, and they serve as the foundation for the DAO’s functioning. They enable any potential member to completely understand how the protocol

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According to the paper, Web2 giants engage in anti-competitive practices against Web3

According to the paper, Web2 giants engage in anti-competitive practices against Web3

According to a new report, Web2 behemoths such as Amazon, Apple, Google, Facebook, and Microsoft may use anti-competitive measures to prevent or delay Web3 disruption.  “Web3 is dependent on Web2, which creates conditions for the co-evolution of these two ecosystems and opens up the potential for anti-competitive activities,” says Thibault Schrepel, Associate Professor of Law

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Types of DAOs

Types of DAOs

What is a DAO in crypto? Regulations regulate what is and is not authorised for all forms of corporate enterprises. These governance principles may exist as private agreements between firm owners, such as shareholder contracts. In the past, corporations could only operate through persons or corporate entities; therefore, the law could require the enforcement of

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