WINGS, a DAO management, creation and partnering platform has joined with Airbitz, a mobile bitcoin wallet. This will provide ease of management, and security to crowd funding and other ventures involving the blockchain.
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DAO’s are notorious for being confusing and rather difficult to describe – but there’s good news for DAO platform WINGS. Creating a partnership between WINGS and Airbitz, a mobile bitcoin wallet, will help all DAO’s. Paul Puey, the CEO of Airbitz, says this partnership will be of immense benefit for the next generation of DAO’s, creating an ease of functionality and transactions.
The CEO of WINGS, Boris Povod is also extremely satisfied in the arrangement, citing the next step of user-friendly block chain technology. DAO’s are mystifying but they essentially allow for trustless contracts, and provide efficiency and productivity within those contracts, and spanning across different borders.
DAO and WINGS partnering will move forward the use of DAO technology; project backers can know with an added degree of certainty that success is in the forecast. Projects with governance transparency/needs and funding-based projects are also showing the most interest in this new partnership.
WINGS has also announced their intention to start a crowd funding campaign; a goal of 30,000 bitcoins will result in a fully functioning platform. Securing access to forecasting and governance decisions through Airtbitz and WINGS will allay fears about hacking.
Most people know there are some weaknesses in the security, but the idea of a global crypto community is more compelling. This breaking down of borders with added security is another crucial step towards normalizing bitcoin technology.