Characteristics Of Decentralized Autonomous Organization Training Ppt

Slide 1

This slide highlights distinct features of Decentralized Autonomous Organization such as decentralization, transparency, democracy, and automation.

Instructor’s Notes:

Multiple characteristics of a Decentralized Autonomous Organization (DAO) are:

• Decentralization: In a Decentralized Autonomous Organization, members/stakeholders take all decisions for the system
• Transparency: All members in the system have equitable access to data and can search and view the code, transaction history, etc.
• Democracy: In DAO, the smart contract takes all decisions via an open voting system in which all members can participate
• Automation: All operations are executed automatically with a smart contract through rules programmed into it

Slide 2

This slide showcases decentralization as a characteristic of the DAO. It explains that members/stakeholders of the system take all decisions

Slide 3

This slide illustrates transparency as a characteristic of the DAO. It explains that all members in the system have equitable access to data and DAO members can also access and publicly audit the code that underlie smart contract rules

Slide 4

This slide showcases democracy as a characteristic of the DAO. It explains that it is the smart contract that makes all decisions via an open voting system in which all members can participate

Slide 5

This slide highlights automation as a characteristic of the DAO. It explains that all the operations are done automatically using a smart contract by following the programmed rules.