DAOs or Decentralized Autonomous Organizations are those whose financial transactions and program rules are stored on a blockchain. It is not influenced by any central authority and is controlled by shareholders.

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With this, the need for a third-party trust agent is eliminated. Blockchain smart contracts are of extreme use in these DAOs. They are digital contracts that are automated and execute themselves after the fixed conditions are met.

If you are looking for Etheruem smart contracts for your own business, Blockchain App factory is the best place to go. They have experience in the aspect of blockchain and can take you the whole process without any hurdles or delay. Check out their website for more information.

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