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Decentralized autonomous organization
A decentralized autonomous organization (DAO), fully automated business entity (FAB), or distributed autonomous corporation/company (DAC) is a decentralized network of narrow-AI autonomous agents which perform an output-maximizing production function and which divides its labor into computationally intractable tasks (which it incentivizes humans to do) and tasks which it performs itself.〔Babbitt, Dave. "Crypto-Economic Design: A Proposed Agent-Based Modeling Effort." SwarmFest 2014: 18th Annual Meeting on Agent-Based Modeling & Simulation, University of Notre Dame, McKenna Hall Auditorium, Notre Dame, IN USA, June 29 - July 1, 2014. Ed. Greg Madey & Ryan McCune. Tuesday 3:00 PM Address. Retrieved from http://www3.nd.edu/~swarm06/SwarmFest2014/Crypto-economicDesignBabbit.pdf〕 It can be thought of as a corporation run without any human involvement under the control of an incorruptible set of business rules. These rules are typically implemented as publicly auditable open-source software distributed across the computers of their stakeholders. A human becomes a stakeholder by buying stock in the company or being paid in that stock to provide services for the company. This stock may entitle its owner to a share of the profits of the DAO, participation in its growth, and/or a say in how it is run.〔("The Emerging Wave of Decentralized Applications" ). GitHub. Retrieved 2 July 2014.〕
== Terminology ==
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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