DAO from Slock.it-Ethereum based

[nik]

""For those unfamiliar with the concept of DAOs, Decentralized Autonomous Organizations are blockchain-based entities driven by immutable computer code as opposed to fragile, complex by-laws. Because DAOs consist of computer code, they interact with the physical world through Contractors.

These Contractors are hired based on the terms of irrefutable Proposals describing that relationship in detail including operating parameters, payment terms, milestone and deliverables.

""

https://blog.slock.it/announcing-dao-link-the-bridge-between-blockchain-and-brick-and-mortar-companies-9510ba04d236#.z2z6dxbfo

Edited April 26, 2016 by nik

[T8493]

Quote

DAO.LINK has set up the legal framework to give real world companies the abiltiy to work for DAOs while still being able to fill out the necessary documentation required to stay compliant.

This is quite important I think.