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A decentralized autonomous organization, is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.
This new company structure is known as a "Teal Organization" in which the word teal identifies more than just a colour. It is characterized by a so-called "evolutionary" organizational model: traditional hierarchy is left behind and gives more space to greater independence within the organization while still sharing one common purpose. This new organizational model focuses on the person from both a professional and a human point of view, as well as viewing them as a member of a common whole. The concept of "Teal Organization" comes from the transformation of American 4.0 industries and thi...