A Decentralised Autonomous Organisation is a business, institution, corporation, or other structure that is operated entirely by autonomous smart contracts and is made up of technologies and representatives spread out across the planet. Blockchain itself is a decentralised technology, with miners and users existing in every part of the world, with no centralised headquarters anywhere. When fully mature, Ethereum will be a decentralised autonomous organisation (or DAO, pronounced "dow"). Already, countless network functions are run entirely by smart contracts and artificial intelligence.