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Working for a DAO: 'No boardroom, no boss, no bias' | The Crypto Mile

A DAO is a new type of organisation that utilises blockchain technology and promises to radically change the way we work.On this week's episode of The Crypto Mile our host Brian McGleenon sat down with the co-founder of SyndicateDAO Will Papper to find out more about this new concept that is attempting to turn the traditional corporation on its head. The web3 term DAO is short for decentralised autonomous organisation. For those not seasoned in crypto-jargon, decentralisation describes how power, data and decisions are spread across many individuals or nodes on the blockchain, making a more democratic system that has no single point of failure. The word autonomous describes the process of using the blockchain to automate everything from payment transactions, to legal contracts and to execute decisions within organisations.