CIC BLOCKCHAIN TECHNOLOGY
BLOCKCHAIN ADMINISTRATION
AEGIS et CONCORDIA
DECENTRALIZED AUTONOMOUS ORGANIZATION
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AEGIS et CONCORDIA: CIC DAO ARCHITECTURAL DIAGRAM
"Aegis et Concordia"is a decentralized autonomous organization (DAO) aimed at decentralizing the control and management of the supply and maintenance of the blockchain. It is a trailblazer in its field, as the world's first fully automated DAO, built and integrated into the blockchain's architecture. 60% of the supply is locked inside the DAO, and control is given to the voting public, who must hold a minimum of 1000 coins to participate in voting. This DAO is designed to provide a secure, transparent, and community-driven solution for the management of the blockchain, whilst also providing a decentralized shield to protect the community against malicious actors who may undermine the integrity of our beloved CIC chain.
AEGIS et CONCORDIA: CIC DAO LOCKING DEPLOYER’S WALLET FLOWCHART
PROPOSED:DAO ( Decentralized Autonomous Organization) Blockchain Level on permissioning layer.
Sources:
https://academic.oup.com/policyandsociety/article/41/3/358/6529327
https://www.omm.com/resources/alerts-and-publications/alerts/daos-looking-for-limited-liability-and-legal-personality/
https://ethereum.org/en/dao/
https://www.citydao.io/
https://www.kaspersky.com/resource-center/preemptive-safety/internet-laws
AEGIS et CONCORDIA: CIC DAO LITIGATION AND SETTLEMENT | CHAIN OF CUSTODY | INTELLECTUAL PROPERTY
DAO LAW- BASED-TO-ETHEREUM
In 1977, Wyoming invented the LLC, which protects entrepreneurs and limits their liability. More recently, they pioneered the DAO law that establishes legal status for DAOs. Currently Wyoming, Vermont, and the Virgin Islands have DAO laws in some form.
A famous example:
CityDAO – CityDAO used Wyoming's DAO law to buy 40 acres of land near Yellowstone National Park.
Buterin, in the Ethereum white paper (Ethereum, 2013, p. 23), defines a DAO as a “virtual entity that has a certain set of members or shareholders which [...] have the right to spend the entity's funds and modify its code”. That is, the aim is to replicate “the legal trappings of a traditional company or nonprofit but using only cryptographic blockchain technology for enforcement” (ibid).
HENCE, CIC BLOCKCHAIN TECHNOLOGY DAO “AEGIS ET CONCORDIA” adhere the policy of Ethereum: legal replication but only using cryptographic blockchain technology for enforcement; all concerns must be directed to the technology used to have an immutability of records other medium used to address the concerns will not be honored, as is , for CIC DAO is within the realm of SUBSTANTIVE and NATURAL Law governing a privilege rights to serve humanity and promote peace and harmony in the lives of the users of the technology.
Sources:
https://ethereum.org/en/dao/
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https://www.citydao.io/
GUIDELINES AND POLICIES
CIC DAO is based from the following studies:
The distinctive features of blockchain-based systems have led key stakeholders in the blockchain space to describe public, permissionless blockchains as “alegal” systems. This term was introduced in the blockchain space by Ethereum co-founder Gavin Wood (2014) to advance the idea that decentralized blockchain-based systems are similar to forces of nature (Lustig, 2019): they are neither legal nor illegal; they merely subsist outside of the legal realm. The claim made by these commentators is not that blockchain-based platforms are difficult to regulate (as the argument was with regard to the Internet in its early days) but rather that they should be regarded as neither an object nor a subject of law (Atzori, 2015). Indeed, to the extent that they do not depend on a single centrally controlled web interface and no physical assets are involved in any of the associated transactions, these platforms can be designed to largely ignore the coercion of the law (Miller, 2019): not only do they not depend on the coercive force of the State to enforce transactions and commitments but they are also indifferent about the legal context in which transactions and commitments occur.
INTERNET SECURITY (EU GDPR)
WEB3 PROPONENT (EEA)
INTERNET PROTOCOL ACT
DATA PRIVACY ACT
COMPLIANCES (ISO20022)
BLACKLISTING
ADDING DAO MEMBER
VOTING PROCEDURE
CONCERNS AND PROPOSALS
RECOMMENDATIONS
CIC BLOCKCHAIN TECHNOLOGY : DNA ARCHITECTURAL DIAGRAM
Blockchains work like DNA.
Technological systems become organized by commands from outside, as when human intentions lead to the building of structures or machines. But many natural systems become structured by their own internal processes: these are the self-organizing systems, and the emergence of order within them is a complex phenomenon that intrigues scientists from all disciplines.—F. E. Yates et al., Self-Organizing Systems:The Emergence of Order
According to Abramov and his colleagues are not suggesting that blockchains are alive, in any sense of that word. But they are suggesting that blockchains exhibit some properties of life. A blockchain responds to its computational environment. It grows, adapts, self-regulates, and replicates in an operationally closed system, much as DNA does. The researchers wrote that, for this reason, blockchain technology can satisfy a theoretical definition of life.
POWERED BY : CIC BLOCKCHAIN TECHNOLOGY
DISCLAIMER:
A DECENTRALIZED AUTONOMOUS ORGANIZATION (DAO) IS AN EMERGENT FORM OF THE REGULATORY FRAMEWORK THAT OMITS A CENTRALIZED GOVERNING BODY WHOSE MEMBERS VOTE DEMOCRATICALLY.
THIS DAO WAS ESTABLISHED BY CIC BLOCKCHAIN TECHNOLOGY PURELY FOR THE BENEFIT OF ITS DIGITAL USERS AND HUMANITY. BY PARTICIPATING IN THE DAO, YOU ACKNOWLEDGE AND ACCEPT THAT THE CIC BLOCKCHAIN TECHNOLOGY HAS PARTICIPATORY (CIC LABS LTD) WHOSE FUNCTION IS THE NEUTRAL BODY OF THE ECOSYSTEM, THEREFORE IS NOT RESPONSIBLE FOR ANY PROFITS OR LOSSES INCURRED AS A RESULT OF CHOICES MADE WITHIN THE DAO ENVIRONMENT. (IBID)
AEGIS ET CONCORDIA IS THE OFFICIAL DECENTRALIZED AUTONOMOUS ORGANIZATION (DAO) FOR CIC BLOCKCHAIN TECHNOLOGY. ANY RAISED CONCERNS WILL ONLY BE ADDRESSED WITHIN THE SYSTEM'S CURRENT ADMINISTRATIVE PROCEDURES. NOTHING ELSE MAY BE USED TO COMMUNICATE IN ANY FORM; IF THE OFFICIAL WEBSITE AND SOCIAL MEDIA LINKS ARE NOT USED, THEY WILL NOT BE HONORED.
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