Tech Word For The Week

Decentralised Autonomous Organisations (DAO)

Decentralised Autonomous Organisation (DAO) are entities represented by rules encoded as a transparent computer program, controlled by the organisation members, and not influenced by a central government.

Decentralised applications (dApps)

Decentralised applications (dApps) are digital applications or programs that run on a peer-to-peer network (P2P) or blockchain of computers instead of a single computer.

Startup Incubators

Incubators focus on startups who have disruptive ideas. They help flesh out these ideas and provide the right environment, resources and people to make the idea blossom to a profitable business.

Decentralised Finance

With Decentralised Finance you don’t need the permission of any central authority on how much you spend. No financial or central authority can stop, delay or block your transactions and assets.

Proof of concept

Proof of Concept is a systematic process to examine the viability of a product idea before valuable resources are invested into it.

Startup Accelerators

Accelerators give startups the opportunity to test run their business model in a safe space so they can spot weaknesses and adjust things as they go along.

Virtual Reality

VR is the use of computer technology to create a simulated environment which gives the user a feeling similar to interacting with the real world.