Governance impacts of blockchain-based decentralized autonomous organizations: An empirical analysis

The rapid rise in blockchain-based Decentralized Autonomous Organizations (DAOs) offers policy-makers and decision-makers new opportunities to automatically execute decisions and processes that help enhance transparency, accountability, participation and trust. Yet, many DAOs have a limited lifespan. There is little empirical evidence of the...

The ins and outs of decentralized autonomous organizations (DAOs): Unraveling the definitions, characteristics, and emerging developments of DAOs

Despite the increase in the number of blockchain-based Decentralized Autonomous Organizations (DAOs), there is no consensus on what constitutes a DAO. This paper provides an in-depth study of DAOs by analyzing their definitions, characteristics, and emerging developments. Existing definitions in the literature hardly recognize common...

Creating Trust in Citizen Participation through Decentralized Autonomous Citizen Participation Organizations (DACPOs)

Blockchain-based Decentralized Autonomous Organizations (DAOs) are systems for transacting and storing value by automatically executing a function without the need for trusted, centralized authorities. Participative budgeting requires voting about budget allocation by communities and is often confronted with issues in trust and transparency. Yet...

Blockchain in Service Management and Service Research: Developing a Research Agenda and Managerial Implications

As blockchain technology is maturing to be confidently used in practice, its applications are becoming evident and, correspondingly, more blockchain research is being published, also extending to more domains than before. To date, scientific research in the field has predominantly focused on subject areas such as finance, computer science, and...

Governance challenges of blockchain and decentralized autonomous organizations

The rise of blockchain has resulted in discussions on (new) governance models with multiple actors collaborating. Incidents and problems occurred due to flaws in blockchain protocols, smart contracts and Decentralized Autonomous Organizations (DAOs). Often it is unclear how decisions are made concerning evolvement of blockchain applications. In...