The purpose of the blockchain technology could have been defeated if there were to be no voting models in place, which would help in reducing the chances of third parties to take over the system.
Indeed, the primary difference between the blockchain technology and the current systems, such as the Internet, is the fact that the blockchain technology doesn’t depend on any authority. Rather, every users of the network is expected to be in control of his or her information and activity on the network. Hence, no third party will be able to gain unwarranted access to the personal information/data of the users.
What Does Geoma DAO Mean?
Geoma DAO has two primary meanings. Those meanings are derived from “Geoma”. They are further broken down thus: Geo and Ma. On the one hand, Geo means Earth, and as we know, when mention is made of Earth, it refers to the entire universe and every countries and humans living therein. On the other hand, the Ma means management. To that end, it wouldn’t be out of place to posit that Geoma DAO is out to ensure that the management of the resources (both material and human) is facilitated via its Decentralized Autonomous Organization (DAO) platform.
Primary Areas of Concentration
Without much ado, let us look at some of the main highlights and features that make Geoma DAO to be one of the most Distributed Network of Contributors and Decentralized Autonomous Organization (DAO) platforms.
Governance
The Decentralized Autonomous Organization (DAO), of which the Geoma DAO is one of it, is designed to work with some of the patterns of the blockchain technology. It as well integrates other important features that are paramount in ensuring that the users get the best governance system anywhere.
Below are some of the governance models, and structures of the Geoma DAO project:
Representatives
As Geoma DAO reasoned, there is a need to have Representatives in every Decentralized Autonomous Organization (DAO). These representatives will among many other things, be able to see to the continued development and reinvention of the platform.
The representatives will also be the ones to come in and handle any issue that is threatening the continued existence of the platform. The issue could be in the form of hacks, power outages, and Internet downtime.
No matter the challenge(s) that might arise, it is clear that the Representatives in the broader Geoma DAO ecosystem will be there to fix them in good time. They can also handle many other important tasks in the course of that, of which includes the gaining access to the archive platform to keep the servers from being compromised.
Final Words
From the proposed template above, the Geoma DAO platform is looking to sure that the reinvented and more robust DAO platform it is creating will help in setting the blockchain technology once more on the path of full-scale decentralization.
You want to use this platform to get the best out of your transactions via the blockchain network.
USEFUL LINKS
Website: || Whitepaper: || Telegram: || Twitter:|| Youtube:
AUTHOR'S DETAILS
Bitcointalk ID Profile: JEBORN
Eth Address: 0xCAA53FA3C33DA82bAD0dDD0AC56B040700CBCBBe