🔥Professional Certificate Program In Blockchain: https://www.simplilearn.com/blockchain-certification-training-course?utm_campaign=WhatIsDAOExplainedIn7Minutes-tbO-tfZX3sc&utm_medium=Descriptionff&utm_source=youtube Don't forget to participate in the quiz at 05:09! Comment below what you think is the right answer, to be one of the 3 lucky winners who can win Amazon vouchers worth INR 500 or $10! (Depending on your location). What are you waiting for? Winners will be announced on Mar 31st, 2022. The DAO is a significant deal in the crypto industry right now because it's most likely going to be the future of job contracts, housing leases, company deals, and maybe even your career. So, here is a video on What Is DAO to give you a better understanding of its origin and how it's definitely more than just an organization running on Blockchain Technology. This video will help you understand What DAO is and how its works with Smart Contracts and Dapps. Also, it gives you a glimpse of the history of the infamous DAO Attack. After watching this video, I can assure you all your concepts and queries related to What is DAO will be cleared out. 🔥Free Blockchain Developer Course with Completion Certificate: https://www.simplilearn.com/learn-blockchain-basics-skillup?utm_campaign=WhatIsDAOExplainedIn7Minutes&utm_medium=Description&utm_source=youtube ✅Subscribe to our Channel to learn more about the top Technologies: https://bit.ly/2VT4WtH ⏩ Check out the Blockchain training videos: https://www.youtube.com/watch?v=yubzJw0uiE4&list=PLEiEAq2VkUUKmhU6SO2P73pTdMZnHOsDB #WhatIsDAOExplainedIn7Minutes #DecentralizedAutonomousOrganizationBlockchain #DAOCrypto #DAOExplained #DAOExamples #DecentralizedAutonomousOrganization #WhyShouldYouLearnBlockchain #BlockchainTechnology #Simplilearn To know about cryptocurrency and Blockchain, visit: https://www.simplilearn.com/blockchain-certification-training-course?utm_campaign=WhatIsDAOExplainedIn7Minutes&utm_medium=Description&utm_source=youtube About Simplilearn Blockchain Certification Training: Simplilearn’s Blockchain Certification Training has been designed for developers who want to decipher the global craze surrounding Blockchain, Bitcoin, and cryptocurrencies. You’ll learn the core structure and technical mechanisms of Bitcoin, Ethereum, Hyperledger, and Multichain Blockchain platforms, use the latest tools to build Blockchain applications, set up your own private Blockchain, deploy smart contracts on Ethereum and gain practical experience with real-world projects. The DAO was created to be a decentralized and automated organization. It functioned as a sort of open-source venture capital fund, with no normal management structure or board of directors. The DAO was unaffiliated with any nation-state in order to be totally decentralized, even though it used the Ethereum network. the DAO's creators hoped they could remove human error or manipulation of investor funds, By putting decision-making power in the hands of an automated system and a crowdsourced process. The DAO, which runs on ether, was created to allow investors to pay money to each other anonymously from anywhere on the planet. The DAO would then issue tokens to those owners, allowing them to vote on future projects. After completing this course, you will be able to: 1. Apply Bitcoin and Blockchain concepts in business situations 2. Build compelling Blockchain applications using the Ethereum Blockchain 3. Design, test and deploy secure Smart Contracts 4. Use the latest version of Ethereum development tools (Web3 v1.0) 5. Develop Hyperledger Blockchain applications using Composer Framework 6. Model the Blockchain applications using Composer modeling language 7. Develop front-end (client) applications using Composer API 8. Leverage Composer REST Server to design a web-based Blockchain solution 9. Design Hyperledger Fabric Composer Business Network 10. 10. Understand the true purpose and capabilities of Ethereum and Solidity 11. See practical examples of Blockchain and mining 12. Describe the various components of Hyperledger Fabric Technology (Peers, Orderer, MSP, CA) 🔥Free Blockchain Developer Course with Completion Certificate: https://www.simplilearn.com/learn-blockchain-basics-skillup?utm_campaign=WhatIsDAOExplainedIn7Minutes&utm_medium=Description&utm_source=youtube For more updates on courses and tips follow us on: - Facebook: https://www.facebook.com/Simplilearn - Twitter: https://twitter.com/simplilearn - LinkedIn: https://www.linkedin.com/company/simplilearn/ - Website: https://www.simplilearn.com - Instagram: https://www.instagram.com/simplilearn_elearning - Telegram Mobile: https://t.me/simplilearnupdates - Telegram Desktop: https://web.telegram.org/#/im?p=@simplilearnupdates Get the Simplilearn app: https://simpli.app.link/OlbFAhqMqgb