IOST (IOST) Node Operator PHI Launches DAO Project in Switzerland 

PHI, a Japanese distributed ledger technology (DLT) project that is part of the IOST (IOST) developer community, is co-hosting a blockchain summit with IOST in Switzerland, as part of plans to promote the GUILD project, an IOST-powered decentralized autonomous organization (DAO), according to a blog post on January 20, 2020. However, the innovative technology still has a long way to go before empowering organizations to run entirely on smart contracts without the interference of traditional management and PHI, a member of the IOST community is determined to make the DAO vision a reality with its GUILD project.

As stated in its blog post, IOST and PHI are looking to o-host blockchain event in bitcoin-friendly Switzerland, as part of the latter’s plan to establish its subsidiary in Zug and Europe and expand its GUILD DAO project. The IOST Foundation, PHI, and ditCraft, an Ethereum-powered platform that enhances DAO project governance, plan to visit the Swiss government, as well as the Crypto Valley Association on January 27, 2020, and pitch their GUILD DAO project at the nation’s blockchain incubation facility known as CV Labs.

Timeline of Iostoken