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

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“The introduction of DARe represents a stepping stone in our journey in direction of constructing a worldwide hub for the blockchain and digital property ecosystem,” Luc Froehlich, chief industrial 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, equivalent to opening a checking account and proudly owning each on- and off-chain property.”



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