Let’s see what is behind the acronyms DAO, DAC and DAIO, DAIP.

A decentralized autonomous organization (DAO), sometimes called a decentralized autonomous corporation (DAC), is an organization that is run through rules encoded as computer programs called smart contracts.

A special form DAIO is named after decentralized autonomous insurance organization and DAIP stay for the platform.

DAIO quadrant

By using the DAO principles, an ecosystem platform is automatically operated in order to run an organization with minimal costs, which benefits the customers and investors alike.

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