Hacker News new | ask | show | jobs
by creamyhorror 1180 days ago
So, an implementation of company-constitution-as-code. As usual, flexibility and updates to the by-laws/core program is an issue, but it's interesting to see iterated experimentation on the concept. Enforcing various higher-level contracts e.g. compliance with corporate tax laws of specific countries and declaration of operating income, etc. would be an additional direction to explore.
1 comments

Yes, so it's necessary to build a virtual machine on top of EVM, instead of simple proposal-vote-execution mode is necessary.

Also all the restrictions/laws/rules can be easily represented and described using a new programming language, "By-Law Script", which makes it more flexible to compose different kinds of laws.

And thanks for your ideas, it would be really interesting that we can build some tax laws on top of crypto and DARC, as well as more scenario about external regulations.