DAO Management Platform Aragon Announces Technology Redesign

Aragon, a Spanish Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term developing a management platform for decentralized organizations, has announced AragonOS, constituting a redesign of the platform’s architecture. It aims to increase the scalability and upgradeability of projects deployed on the Aragon platform.

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“At Aragon, we are building the first management tool developed specifically to enable a new, more efficient, decentralized model for companies to be created and managed. In order to cater to modular and extendable organizations, we needed to take the next leap,” said Luis Cuende, co-founder and Project Lead at Aragon.

“This latest release overcomes several shortcomings in previous designs which saw many components, such as the implementation of bylaws or voting mechanisms, based too rigidly on the corporate structure of traditional business models. With increased flexibility and reactiveness, this development reflects our bet on governance models and structures that we cannot even grasp now, but that may totally outperform the current ones,” added Cuende.

“The challenge was balancing security and usability, while maintaining an open authorization system used to customize a wide variety of organizations,” said Jorge Izquierdo, co-founder and Tech Lead.

“AragonOS, in all its simplicity, brings us one step closer to realizing our dream of disintermediating the creation of organizations giving people an easy to use and barrier free tool to coordinate and govern effectively,” concluded Cuende.