Expanse Whitepaper

Abstract

A 3 division D ecentralized Organization b uilt from a smart contract that lives on a blockchain and manages an organization’s development, operations, and nancesis ideal for ensuring the integrity, longevity and transparency of the organization over its lifespan. One of the problems c ommonly seen in legacy organizations is the translucent and often times opaque m anagement o f the organization’ s nancial resources. I t is absolutely vital to the success of an organization that they manage their nances wisely and transparently in order to remain solvent and ward off institutional corruption. Another common pitfall in many organizations is a lack of shareholder incentive to participate in the organization’s decision making process which leads to the shareholder feeling insignicant and having little impact on the outcome of important issues. B y combining blockchain record keeping with software enforced bylaws and incentivized community involvement, the Ternary Division DAO solves many of the problems faced by both traditional and decentralized organizations.

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Expanse Whitepaper

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