decentralize

[dee-sen-truh-lahyz]

decentralize Definition

  • 1to distribute the administrative powers or functions of a central authority over a less concentrated area
  • 2to disperse power or decision-making to local or regional levels

Using decentralize: Examples

Take a moment to familiarize yourself with how "decentralize" can be used in various situations through the following examples!

  • Example

    The company decided to decentralize its operations to improve efficiency.

  • Example

    The government is planning to decentralize power to local councils.

  • Example

    The organization aims to decentralize decision-making to better serve its members.

decentralize Synonyms and Antonyms

Antonyms for decentralize

Phrases with decentralize

  • a system in which power or decision-making is dispersed to local or regional levels, rather than being concentrated in a central authority

    Example

    The company adopted a decentralized system to improve communication and decision-making.

  • a financial system built on blockchain technology that allows for decentralized, peer-to-peer transactions without intermediaries such as banks

    Example

    DeFi has gained popularity as an alternative to traditional finance, with users able to access financial services without relying on centralized institutions.

  • an organization that operates through rules encoded as computer programs on a blockchain, with decisions made through a decentralized voting process

    Example

    DAOs are a new form of organization that allow for decentralized decision-making and ownership, with members able to participate in decision-making regardless of their location or status.

Origins of decentralize

from 'de-' meaning 'down', and 'centralize' meaning 'to bring under central control'

๐Ÿ“Œ

Summary: decentralize in Brief

The verb 'decentralize' [dee-sen-truh-lahyz] means to distribute administrative powers or functions of a central authority over a less concentrated area, or to disperse power or decision-making to local or regional levels. It is often used in the context of organizations or governments, as in 'The company decided to decentralize its operations to improve efficiency.' 'Decentralize' can also refer to specific systems, such as 'decentralized finance,' which operates without intermediaries like banks.