United Arab Emirates Area Ras Al Khaimah Launches a Framework for Decentralized Autonomous Organizations (DAO) in Free Zone

United Arab Emirates Area Ras Al Khaimah Launches a Framework for Decentralized Autonomous Organizations (DAO) in Free Zone

by Jeremy

“The introduction of DARe represents a stepping stone in our journey in the direction of constructing a worldwide hub for the blockchain and digital belongings ecosystem,” Luc Froehlich, chief business officer of RAK DAO mentioned within the assertion. “By providing a structured authorized framework, we allow DAOs to work together with the off-chain world, reminiscent of opening a checking account and proudly owning each on- and off-chain belongings.”

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