INTRODUCTION
Blockchain is currently sweeping different sectors, gaining ground and disrupting all the systems it enters, while operating in a decentralized manner.
But one of the most challenging things for Blockchain-based systems is that a part of it is still centralized.
The governance or management of these systems are still under centralized control, which makes it difficult to achieve the main objective of Blockchain, which is centralization.
This is a setback that has affected the Blockchain industry and needs a solution for the system to move forward.
INTRODUCING GEOMA DAO
The Decentralized Autonomous Organization, on the other hand, has not been very famous, as a reliable governance model, since its inception.
This is because for most people, it seems like a fantasy, while for others, it is impossible to achieve decentralized management, following the deep grip of the centralized bodies in each system.
The adoption of the Decentralized Autonomous Organization (DAO) as a governance structure could be an era of great revolution for the world, since all aspects of the global system will be positively affected by it.
The Geoma system is a decentralized system, developed by a team of Blockchain enthusiasts, who want to see that Blockchain technology is used more effectively.
That is why Geoma has taken advantage of the use of DAO in combination with the benefits of Blockchain, to achieve a system dedicated to ensuring a better future.
The Geoma system recognizes the fact that DAO, Blockchain technology and other similar technologies could change the world, if they are given the necessary momentum and support.
Then, in its search for a reliable government system and a better future, Geoma DAO came to light.
This decentralized autonomous organization does not resemble anything you have seen before, as it is designed to serve efficiently as a fully decentralized management system, with the full support of Blockchain technology.
This achievement of the Geoma system helps improve the functionig of Blockchain and its tehnologies
GOVERNANCE
One major characteristics that Geoma DAO employs toward the financial cost revolution is its centralized governance system. This way, users get the chance to make decisions all by themselves via debate, voting, proposals vault or lending. Every necessary physical paperwork done outside the system will serve as a means of identification by the members via the website platform
*GEOMA COIN *
Generally seen as a token-backed asset, Geoma coin holders possess fractional rights to the Geoma DAO finance system. It is more of an investment contract shared among every member, with regards to meriting them according to the collective efforts imposed by all members.
PROPOSALS
Operating on the Blockchain Technology system, Geoma DAO aims at getting more companies to be involved with it. Hence, it serves as a consultant between these companies and the Blockchain system to prepare them with their major needs and functionality to get their final result. This way, a steady cash-flow system is assured.
AGRICULTURE
Apparently, Geoma DAO focuses on more on the future. The system practically concentrates on future Vertical Farming that will produce healthy food resources with leveraged resources. This way, there’s no room for exploitation or irregular budget padding
LEGAL
Geoma DAO looks to implement a system that can mirror how well the regulated world can blend in with sustainable technology. It provides a system looks to provide a proactive network among its members with the common goal of achieving something positive together. The system looks at running an interface between its major network and the regulatory body by creating an Association to govern the running of things. This body seeks to run on an extensive regulation that is professional and ethical enough to be trusted by third-party individuals and encourage others to do the same.
CONCLUSION
In summary, Geoma DAO is seeming to have the potentials of providing solutions to different Blockchain industries, which are still governed by a centralized system. Through Geoma, decentralization can now be established within the financial system. Also, the financial industry will also register a high rate of improvement, due to the change that Geoma DAO will bring in Blockchain systems.
Geoma will greatly affect the present and establish a course for a guaranteed future.
USEFUL LINKS
Website: https://www.thegeomadao.com/
Whitepaper: https://drive.google.com/file/d/186LX27VMtGh3Pe6dDSXiIZ7LmvVdyeyP/view?usp=sharing
Telegram: https://t.me/geomachat
Twitter: https://twitter.com/thegeomadao
YouTube: https://www.youtube.com/channel/UCys4E09zDz9xjlyKiBZwr_g?view_as=subscriber
AUTHOR'S DETAILS
Bitcointalk Username: Stonechris
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661433;sa=summary
Eth Address: 0xeF728a6f7aB532bac5b2662B9eE6a0C097bc5243