Category Archives: Web 3.0

What is a DAO? How does it work?

Imagine an organization with no boss, no employees, no hierarchy, but just collective ownership and authority—that is a Decentralized Autonomous Organization or a DAO. Such an organization functions around a set of rules that are coded onto the blockchain and are enforced with pre-defined logics. In the absence of any central leadership or governing authority, […]

What is blockchain? Why is it important?

Where is all your digital data stored? On the servers of big tech-giants. Blockchain changes that. A blockchain is basically a distributed database, which is not held in any one place or managed by any one entity. It is a public record of transactions/assets, managed by multiple participants that can be located anywhere in the […]