Decentral Autonomous Organisations

Decentral Organizations

A new way of working using blockchain technologiesBart Waeterschoot [email protected]

Ehm, hello… this is an agile user group right?• Agile values• Commitment• Courage• Focus• Openness• Respect

• Lean principles• Reduce waste

• iLean – Let’s create happy workplaces together!

What is a company?

A legal entity to organize skills & resources to achieve goals

From competition to cooperation

Nature• No hierarchy• Collective intelligence• Cooperate

Humans• Hierarchy• Central intelligence• Compete







Competition is good, right?

Companies• Multiple

with the same goal

Competition

• Waste of resources

Advertising• Brands• Marketing

Hello blockchain• Collective intelligence without central control

What about sharing value…

What about sharing value…

15-20% 8-10%9-15%

Your company?

Distributed Autonomous CorporationDAC’s run without any human involvement under the control of an incorruptible set of business rules. (That’s why they must be distributed and autonomous.) These rules are implemented as publicly auditable open source software distributed across the computers of their stakeholders. You become a stakeholder by buying “stock” in the company or being paid in that stock to provide services for the company. This stock may entitle you to a share of its “profits”, participation in its growth, and/or a say in how it is run.

Bitcoin is a shareholder-owned, employee run, not-for-profit crypto-

corporation!

Decentral Autonomous Corporations are

corporations – They are free and independent personsautonomous – they no longer need their creatorsdistributed – no central points of control or failuretransparent – business rules are auditable by allconfidential – customer information is protectedtrustworthy – no interaction with them depends on trustself-regulating – they obey their own rules like, well, robotsincorruptible – no one can exercise influence over themsovereign – don’t need governments to exist

Terminology Central - Edges

The DAO

Custom Tokens Proof of Cognition Cash Money

True Expertise Expertise = Influence

Locals

Risks – Legal, political, ethical

Trust no one - Example

Thanks!

Technology

Decentral Autonomous Organisations