November 13, 2022

Transparency DAO ARK

The DAO mechanics give us a decision-making advantage.

As the DAO is hosted in a blockchain environment, we have specific properties:

  1. Transparency is that whatever action we take in the DAO is 100% transparent and available for everyone to verify.

For example you sent $5 to a DAO ARK account, because you did this via blockchain you have a guarantee that you took that action, it is a link to the transaction.

https://polygonscan.com/tx/0xd9c915c407474c47a10c41b0e75b0c4307709f18f8d210c67536abb53e2531e0

2. Speed. You perform any action almost instantly and therefore if you have to transfer tokens, that action will also be performed quickly.

3. Accurate. if you fill in the recipient's address correctly, there is no chance that the payment will go to the wrong destination. It is important to ensure that it is filled in correctly.

4. Reliability. If we have filled in the addresses correctly and signed off our transfer, they will be safe and will definitely reach their destination. We can always check our transaction, even after 10 years we can see exactly what happened today.

So we understand that blockchain gives us the ability to make transparent decisions, get them to the recipient quickly and accurately, and store them securely.