2021
DOI: 10.2139/ssrn.3971228
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Decentralised Autonomous Organisations: Governance, Dispute Resolution and Regulation

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Cited by 8 publications
(5 citation statements)
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“…In a DAO network, community communication and secure approvals from users are carried out through smart contracts over network nodes (Magazzeni, McBurney, and Nash, 2017). The main objective of DAOs, which support horizontal organization, is to automate and decentralize the management of organizations (Sims, 2021). Therefore, in a DAO platform, smart contracts are utilized to implement rules and decisions within the organization.…”
Section: Dao For Management and Allocation Of Crowd Resourcesmentioning
confidence: 99%
“…In a DAO network, community communication and secure approvals from users are carried out through smart contracts over network nodes (Magazzeni, McBurney, and Nash, 2017). The main objective of DAOs, which support horizontal organization, is to automate and decentralize the management of organizations (Sims, 2021). Therefore, in a DAO platform, smart contracts are utilized to implement rules and decisions within the organization.…”
Section: Dao For Management and Allocation Of Crowd Resourcesmentioning
confidence: 99%
“…The expressiveness of smart contracts gives rise to a whole distributed financial ecosystem known as Decentralized Finance (DeFi), which encompasses a multitude of (financial) applications such as brokerages [20], [32], decentralized exchanges [3], [16], [33] or decentralized autonomous organizations [15], [26]. However, smart contracts have shown This work has been supported by the Heinz Nixdorf Foundation through a Heinz Nixdorf Research Group (HN-RG) and funded by the Deutsche Forschungsgemeinschaft (DFG, German Research Foundation) under Germany's Excellence Strategy-EXC 2092 CASA-390781972, and through grant 389792660 as part of TRR 248-CPEC, see https://perspicuouscomputing.science.…”
Section: Introductionmentioning
confidence: 99%
“…One particularly interesting way of handling these issues would be to take inspiration from DAOs and democratise the approval of entry into the vector database via voting. This move towards decentralised governance would necessitate exploring governance mechanisms to ensure fair representation and create voting schemes that incentivise activity within the community (Sims, 2021).…”
Section: Discussionmentioning
confidence: 99%
“…These five principles have clear overlaps with the values of decentralisation, and many suggested solutions towards AI ethical problems are already practices common amongst Decentralised Autonomous Organisations, also known as DAOs (Sims, 2021).…”
Section: Inside the 'Black Box'mentioning
confidence: 99%
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