From Technology to Society: An Overview of Blockchain-Based DAO

Decentralized Autonomous Organization (DAO) is believed to play a significant role in our future society governed in a decentralized way. In this article, we first explain the definitions and preliminaries of DAO. Then, we conduct a literature review of the existing studies of DAO published in the r...

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Bibliographic Details
Published in:IEEE open journal of the Computer Society 2021, Vol.2, p.204-215
Main Authors: Liu, Lu, Zhou, Sicong, Huang, Huawei, Zheng, Zibin
Format: Article
Language:English
Subjects:
Bitcoin
Blockchain
Blockchains
Computer hacking
contracts
Cryptography
DAO
fault tolerant system
Fault tolerant systems
governance
Literature reviews
Organizations
Security
State-of-the-art reviews
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Summary:Decentralized Autonomous Organization (DAO) is believed to play a significant role in our future society governed in a decentralized way. In this article, we first explain the definitions and preliminaries of DAO. Then, we conduct a literature review of the existing studies of DAO published in the recent few years. Through the literature review, we find out that a comprehensive survey towards the state-of-the-art studies of DAO is still missing. To fill this gap, we perform such an overview by identifying and classifying the most valuable proposals and perspectives closely related to the combination of DAO and blockchain technologies. We anticipate that this survey can help researchers, engineers, and educators acknowledge the cutting-edge development of blockchain-related DAO technologies.
ISSN:2644-1268
2644-1268
DOI:10.1109/OJCS.2021.3072661