Outrageously Funny Word Dictionary :: Decentralisation

👉 Decentralisation, also known as decentralization or decentralised systems, is a concept that refers to the process by which information and decision-making are spread out across multiple locations. This can be achieved through various mechanisms such as blockchain technology, decentralized networks, or peer-to-peer communication. In simpler terms, decentralisation means making decisions about how resources (such as money, energy, etc.) should be distributed among individuals or groups of people instead of being controlled by a central authority. It is often used

decentralise

👉 Decentralisation refers to a system or process where power is distributed among individuals, groups, or organizations rather than centralized control. This can occur in any form of governance, from local self-governance systems to global institutions and systems. In decentralized systems, each member of the group has an equal say in decision-making processes and actions. The decisions are made democratically, with input from all members, without the involvement of a central authority or decision-maker. This can lead to more democratic outcomes,

decentralisation