[Firebird] Block Chain World # 58: Decentralization 3 - Decentralization Organization and Internal Capital

[Firebird] Block Chain World # 58: Decentralization 3 - Decentralization Organization and Internal Capital

Firebird is a block-chained business professional broadcast.

In this section, we will learn about the decentralized organization Vitalic thinks.

Vitaly defines a human organization as a combination of a set of properties and a protocol for a set of individuals. Individuals and groups agree and interact with each other using a defined protocol, which includes rules on what conditions can be used under which conditions.

He divides the organization into decentralization organizations (DAOs) and decentralization companies (DCs) and refers to Internal Capital as the divisional basis. In order for the members of the organization to participate voluntarily, they need internal capital, ie, cryptography.

For more details, check out the video.