Problem Statement
Centralized organizations often face issues of transparency, trust, and single points of failure. Decentralized Autonomous Organizations (DAOs) leverage blockchain technology to create transparent and autonomous entities governed by smart contracts.
Abstract
This project aims to design and implement a decentralized autonomous organization using blockchain technology. The focus is on creating a transparent, trustless, and autonomous entity governed by smart contracts. Members can participate in decision-making processes through voting mechanisms implemented on the blockchain.
Outcome
A functional DAO prototype demonstrating the use of blockchain for transparent and decentralized governance, potentially applicable to various organizational structures.