# DAO

By [汉武大帝](https://paragraph.com/@360se) · 2021-11-25

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    A distributed autonomous organization (DAO, decentralized autonomous organization), sometimes called a distributed autonomous company (DAC), is an organization embodied in open and transparent computer code, which is controlled by shareholders and is not affected by the central government . The financial transaction records and procedural rules of a distributed autonomous organization are stored in the blockchain.

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*Originally published on [汉武大帝](https://paragraph.com/@360se/dao)*