Blockchain Beyond Cryptocurrency: A Brief Guide to the Future Part IIUsing blockchain technology apart from its original application, cryptocurrency, isn’t news any longer. Numerous projects around the globe come up with new ideas as to how distributed ledger technology may be applicable beyond just transacting values. Even though most experts agree that the novelty is at premature phase as yet, those projects that have already […]
The DAO Eliminates Vulnerability That Allowed Endless Withdrawals from Some AccountsA vulnerability in the implementation of Ethereum protocol by some developers has resulted in a need for fixing the DAO. The first decentralized venture foundation owns around $165 million accumulated during the recently closed crowdsale campaign.
Slock.it Co-Founder: The DAO Will Give Birth To the Companies That Otherwise Wouldn’t Have ExistedMay 28, the crowdsale of The DAO, an ambitious project for decentralized trust management on the blockchain of Ethereum, has closed.
Investment in Slock.it’s DAO have exceeded $13.6 million. Ethereum price has gained nearly 25%.This weekend, Germany-based blockchain company Slock.it has announced it successfully launched DAO via its decentralized trust fund. Current price of the DAO’s 100 tokens 1 ETH. “A DAO, or Decentralized Autonomous Organization, is a digital company with its by-laws set immutably within the Blockchain: its governance is transparent, its finances can be audited by anyone, […]
The DAO in-depth: Interview with Stephan Tual, Slock.it CTOThe Ethereum company Slock.it prepares to launch a decentralized autonomous organization (DAO) as a new type of corporate funding and management. The Germany-based company develops Ethereum-based software for smart locks, dubbed “slocks”, thus connecting shareable items and the Internet of Things to blockchain ecosystem. In an interview to ForkLog (FL) Stephan Tual, Co-founder and CTO […]