Our portfolio also includes investments in decentralised autonomous organisations in short DAOs. A DAO is an organisation that is encoded by a transparent computer program. The program is not controlled by shareholders nor influenced by any central governing body.
Records of financial transactions and program rules are stored on a DLT (Distributed Ledger Technology) such as a blockchain. DLTs ensure the secure tracking of financial interactions. This makes DAOs completely transparent, immutable and incorruptible.