Decentralized Autonomous Companies - CybexDex/cybex-node-doc GitHub Wiki

Decentralized Autonomous Companies (DAC) run without any human involvement under the control of an incorruptible set of business rules. You become a stakeholder by buying "stock" in the company or being paid in that stock to provide services for the company. This stock may entitle you to a share of its "profits", participation in its growth, and/or a say in how it is run.

CYBEX is a new technology, built on and extended from the BitShares and its underlying Graphene Blockchain Library. It has a mature organizational structure paradigm in which companies can run without any human management and under the control of an incorruptible set of business rules. Whether its stock exchanges, lotteries, voting, auctions, tickets or many others, a digital public ledger allows for the creation of decentralized autonomous companies that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts.

CYBEX does for business by utilizing consensus technology is to create companies that are inherently transparent, trustworthy, efficient and global.