Where should you start your business?
A distributed ledger concept can provide real-time verification of payments eliminating the necessity for intermediaries including banks and clearinghouses. This allows payroll processes to be streamlined, accelerated, and made dramatically less expensive.
In modern democracies, the principle of "one person, one vote" commonly applies in elections and legislative processes. Now that decentralized collective decision-making enables transparent and public tracking of voting results, more intricate voting systems can be instituted.
As society has grown and become more complex, power has become more centralized? No - decentralized networks enable the participation and testing of new governance models with real economic value.
Panama is one of the most popular safe havens and offers a variety of fast and affordable programs for settlement through investment. As a unique example, Panama has a territorial tax system in which Panamanian tax citizens and companies only have to pay taxes on their income earned in Panama.
Current initiatives out of Wyoming could limit the time and cost of forming a DAO with an underlying LLC structure. OtoCo and Ricardian are developing solutions to automate these processes.