Decentralized authority refers to a system where decision-making power is distributed among various individuals or groups rather than being concentrated in a single central authority. This approach allows for more local control and can lead to quicker responses to specific needs. For example, in a decentralized organization, teams can make decisions that best suit their unique circumstances without waiting for approval from higher-ups.
In the context of technology, decentralized authority is often seen in blockchain systems, where no single entity controls the entire network. This promotes transparency and security, as every participant has a say in the process, reducing the risk of corruption or misuse of power.