dao and corporate governance : conceptual approach (2)

05/03/2023 1

CONCEPTUAL APPROACH

DAO (Decentralized Autonomous Organization) &

Corporate Governance

www.independia.info Patrice Bloch www.deepgovernance.com

05/03/2023 2

Presentation Plan 1. DAO Définition & generalities (key

words

2. DAO & Corporate Governance Reminder Use case


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DAO (Decentralized Autonomous Organization)


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DAO : Definition Decentralized Autonomous Organization

« we can encode the mission statement into code; that is, create an inviolable contract that generates revenue, pays people to perform some function, and finds hardware for itself to run on, all without any need for top-down human direction?...Bitcoin can be thought of as an early example of exactly such a thing. »

Buterin, Vitalik (20 September 2013)


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DAO : Généralities (key words)

CodeInviolable contractRevenuePays people / fonctionHardware for itself run onNo top-down human directionExample : bitcoin


05/03/2023 6www.independia.info Patrice Bloch www.deepgovernance.com

www.slock.it


Proposal

Vote

Development

Deployment

www.slock.it

05/03/2023 8

DAO & Corporate Governance


05/03/2023 9

REMINDER



BOARDExecutive Team

(CEO)

Organization


BoardExecutive Team

(CEO)

Organization

Shareholders

Interest Groups

Customers

Suppliers

Employees

Elected officialsMedia

RegulatoryAuthorities


Board Executive Team (CEO)

Organization

Shareholders

InterestGroups

Customers

Suppliers

Employees

Elected officialsMedia

Authorities


Executive Team (CEO)

Shareholders

InterestGroups

Customers

Suppliers

Employees

Elected Officials

Media

Authorities

05/03/2023 14

Use Case




Shareholders

InterestGroups

Customers

Suppliers

Employees

Elected Officials

Media

Authorities

www.slock.it


ProductsServicies

…

Contractors :Customers, Suppliers,

Shareholders,Boardroom,

CEO(reversable with

DAO)…

DAO :Firm,

Legal entity.Board &CEO

are reversable with

Contractors

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DAO valid Board, CEO, Management…

Contractors could be validated by DAO to be in DAO

DAO could unvalid Board, CEO, Management…


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Each one of them could be another stakeholder and reverse

Board, CEO and stakeholders could be renamed contractors (or other appellation)


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The board and the management structure are substitute by DAO

Efficiency is the priority

Another new evolution forthcoming…?


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Thanks for your attention and commentaries06/18/2016

Patrice [email protected]

www.independia.info www.deepgovernance.com


dao and corporate governance : conceptual approach (2)

Economy & Finance