Crypto Terms:
Letter D
Jul 07, 2023 |
updated: Apr 02, 2024
What is Decentralized Autonomous Cooperative (DAC)?
Decentralized Autonomous Cooperative (DAC) -
an organization governed by stakeholders instead of a central authority.
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Let's find out Decentralized Autonomous Cooperative (DAC) meaning, definition in crypto, what is Decentralized Autonomous Cooperative (DAC), and all other detailed facts.
A Decentralized Autonomous Cooperative (DAC) is a non-centralized corporation owned by shareholders. Decentralized Autonomous Corporation is another name for it. DAC is represented by rules that are encoded in a transparent computer program that is managed by the organization's members. It’s not affected by a central government in any way.