09-03-2018 14:03 via newsbtc.com

The Phoenix DAO: Why You Should Participate

Phoenix has been designed as a decentralized organization (DAO), which is based on blockchain technology. The result is that transparency and security are assured for any process that occurs within its framework. All financial transactions within this system are processed with the aid of the Ethereum virtual machine. Ethereum has been designed as a global decentralized computer that can store information on all transactions at the same time and make them available to everyone.
The Phoenix system
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