Decentralized Autonomous Cooperative (Dac)
Decentralized Autonomous Cooperative (DAC) - an organization governed by stakeholders instead of a central authority. A DAC is a type of organization that is governed by its stakeholders rather than by a central authority. This type of organization has many benefits, including the fact that it is more democratic and that it allows for more decentralized decision-making. Additionally, DACs are often more efficient and effective than traditional organizations because they are not bogged down by bureaucracy. |