With the advent of information technology today there are major changes in how people look at knowledge, create it and apply it. This time is now widely recognized as the beginning of what has come to be called the Knowledge Age; an advanced form of economy in which knowledge and ideas are the main sources of economic value added.
The information revolution is often identified as the most profound driver of change in our world today, enabling an ongoing disruptive transformation in the deep structure to our Industrial Age social institutions as we move further into the 21st century.
A short film about the rise of Decentralized Autonomous Organization with narration by Shermin Voshmgir. This video is for educational purposes only.
A decentralized autonomous organization, also called DAO is an organization that is run by rules that are created by their members through a consensus process and then written into a set of contracts that are run via computer code, thus enabling the automated management of a distributed organization.