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DAO (Decentralized Autonomous Organization) &
Corporate Governance
www.independia.info Patrice Bloch www.deepgovernance.com 16/19/2016
Presentation Plan
1. DAO
๏‚ž Dรฉfinition & generalities (key
words
2. DAO & Corporate Governance
๏‚ž Reminder
๏‚ž Use case
www.independia.info Patrice Bloch www.deepgovernance.com 26/19/2016
DAO (Decentralized Autonomous Organization)
www.independia.info Patrice Bloch www.deepgovernance.com 36/19/2016
DAO : Definition
๏‚ž Decentralized Autonomous Organization
๏‚— ยซ 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. ยป
๏‚— Buterin, Vitalik (20 September 2013)
www.independia.info Patrice Bloch www.deepgovernance.com 46/19/2016
DAO : Gรฉnรฉralities (key
words)
๏‚—Code
๏‚—Inviolable contract
๏‚—Revenue
๏‚—Pays people / fonction
๏‚—Hardware for itself run on
๏‚—No top-down human direction
๏‚—Example : bitcoin
www.independia.info Patrice Bloch www.deepgovernance.com 56/19/2016
www.independia.info Patrice Bloch www.deepgovernance.com 66/19/2016
www.slock.it
www.independia.info Patrice Bloch www.deepgovernance.com 7
Proposal
Vote
Development
Deployment
6/19/2016
www.slock.it
DAO & Corporate Governance
www.independia.info Patrice Bloch www.deepgovernance.com 86/19/2016
REMINDER
www.independia.info Patrice Bloch www.deepgovernance.com 96/19/2016
www.independia.info Patrice Bloch www.deepgovernance.com 10
BOARD
Executive Team
(CEO)
Organization
6/19/2016
www.independia.info Patrice Bloch www.deepgovernance.com 11
Board
Executive Team
(CEO)
Organization
Shareholders
Interest
Groups
Customers
Suppliers
Employees
Elected
officialsMedia
Regulatory
Authorities
6/19/2016
www.independia.info Patrice Bloch www.deepgovernance.com 12
Board Executive Team
(CEO)
Organization
Shareholders
Interest
Groups
Customers
Suppliers
Employees
Elected
officialsMedia
Authorities
6/19/2016
www.independia.info Patrice Bloch www.deepgovernance.com 13
Executive Team
(CEO)
Shareholders
Interest
Groups
Customers
Suppliers
Employees
Elected
Officials
Media
Authorities
6/19/2016
Use Case
14www.independia.info Patrice Bloch www.deepgovernance.com6/19/2016
www.independia.info Patrice Bloch www.deepgovernance.com 15
Executive Team
(CEO)
Shareholders
Interest
Groups
Customers
Suppliers
Employees
Elected
Officials
Media
Authorities
6/19/2016
www.slock.it
www.independia.info Patrice Bloch www.deepgovernance.com 16
Executive Team
(CEO)
Shareholders
Interest
Groups
Customers
Suppliers
Employees
Elected
Officials
Media
Authorities
6/19/2016
www.slock.it
www.independia.info Patrice Bloch www.deepgovernance.com 17
Products
Servicies
โ€ฆ
Contractors :
Customers,
Suppliers,
Shareholders,
Boardroom,
CEO
(reversable with
DAO)
โ€ฆ
DAO :
Firm,
Legal entity.
Board &CEO
are reversable
with
Contractors
6/19/2016
๏‚ž DAO valid Board, CEO, Managementโ€ฆ
๏‚ž Contractors could be validated by DAO
to be in DAO
๏‚ž DAO could unvalid Board, CEO,
Managementโ€ฆ
www.independia.info Patrice Bloch www.deepgovernance.com 186/19/2016
๏‚ž Each one of them could be another
stakeholder and reverse
๏‚ž Board, CEO and stakeholders could be
renamed contractors (or other
appellation)
www.independia.info Patrice Bloch www.deepgovernance.com 196/19/2016
๏‚ž The board and the management
structure are substitute by DAO
๏‚ž Efficiency is the priority
๏‚ž Another new evolution forthcomingโ€ฆ?
www.independia.info Patrice Bloch www.deepgovernance.com 206/19/2016
Thanks for your attention and commentaries
06/18/2016
Patrice BLOCH
blochpatrice@gmail.com
www.independia.info www.deepgovernance.com
www.independia.info Patrice Bloch www.deepgovernance.com 216/19/2016

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DAO and Corporate Governance : conceptual approach (2)

  • 1. DAO (Decentralized Autonomous Organization) & Corporate Governance www.independia.info Patrice Bloch www.deepgovernance.com 16/19/2016
  • 2. Presentation Plan 1. DAO ๏‚ž Dรฉfinition & generalities (key words 2. DAO & Corporate Governance ๏‚ž Reminder ๏‚ž Use case www.independia.info Patrice Bloch www.deepgovernance.com 26/19/2016
  • 3. DAO (Decentralized Autonomous Organization) www.independia.info Patrice Bloch www.deepgovernance.com 36/19/2016
  • 4. DAO : Definition ๏‚ž Decentralized Autonomous Organization ๏‚— ยซ 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. ยป ๏‚— Buterin, Vitalik (20 September 2013) www.independia.info Patrice Bloch www.deepgovernance.com 46/19/2016
  • 5. DAO : Gรฉnรฉralities (key words) ๏‚—Code ๏‚—Inviolable contract ๏‚—Revenue ๏‚—Pays people / fonction ๏‚—Hardware for itself run on ๏‚—No top-down human direction ๏‚—Example : bitcoin www.independia.info Patrice Bloch www.deepgovernance.com 56/19/2016
  • 6. www.independia.info Patrice Bloch www.deepgovernance.com 66/19/2016 www.slock.it
  • 7. www.independia.info Patrice Bloch www.deepgovernance.com 7 Proposal Vote Development Deployment 6/19/2016 www.slock.it
  • 8. DAO & Corporate Governance www.independia.info Patrice Bloch www.deepgovernance.com 86/19/2016
  • 9. REMINDER www.independia.info Patrice Bloch www.deepgovernance.com 96/19/2016
  • 10. www.independia.info Patrice Bloch www.deepgovernance.com 10 BOARD Executive Team (CEO) Organization 6/19/2016
  • 11. www.independia.info Patrice Bloch www.deepgovernance.com 11 Board Executive Team (CEO) Organization Shareholders Interest Groups Customers Suppliers Employees Elected officialsMedia Regulatory Authorities 6/19/2016
  • 12. www.independia.info Patrice Bloch www.deepgovernance.com 12 Board Executive Team (CEO) Organization Shareholders Interest Groups Customers Suppliers Employees Elected officialsMedia Authorities 6/19/2016
  • 13. www.independia.info Patrice Bloch www.deepgovernance.com 13 Executive Team (CEO) Shareholders Interest Groups Customers Suppliers Employees Elected Officials Media Authorities 6/19/2016
  • 14. Use Case 14www.independia.info Patrice Bloch www.deepgovernance.com6/19/2016
  • 15. www.independia.info Patrice Bloch www.deepgovernance.com 15 Executive Team (CEO) Shareholders Interest Groups Customers Suppliers Employees Elected Officials Media Authorities 6/19/2016 www.slock.it
  • 16. www.independia.info Patrice Bloch www.deepgovernance.com 16 Executive Team (CEO) Shareholders Interest Groups Customers Suppliers Employees Elected Officials Media Authorities 6/19/2016 www.slock.it
  • 17. www.independia.info Patrice Bloch www.deepgovernance.com 17 Products Servicies โ€ฆ Contractors : Customers, Suppliers, Shareholders, Boardroom, CEO (reversable with DAO) โ€ฆ DAO : Firm, Legal entity. Board &CEO are reversable with Contractors 6/19/2016
  • 18. ๏‚ž DAO valid Board, CEO, Managementโ€ฆ ๏‚ž Contractors could be validated by DAO to be in DAO ๏‚ž DAO could unvalid Board, CEO, Managementโ€ฆ www.independia.info Patrice Bloch www.deepgovernance.com 186/19/2016
  • 19. ๏‚ž Each one of them could be another stakeholder and reverse ๏‚ž Board, CEO and stakeholders could be renamed contractors (or other appellation) www.independia.info Patrice Bloch www.deepgovernance.com 196/19/2016
  • 20. ๏‚ž The board and the management structure are substitute by DAO ๏‚ž Efficiency is the priority ๏‚ž Another new evolution forthcomingโ€ฆ? www.independia.info Patrice Bloch www.deepgovernance.com 206/19/2016
  • 21. Thanks for your attention and commentaries 06/18/2016 Patrice BLOCH blochpatrice@gmail.com www.independia.info www.deepgovernance.com www.independia.info Patrice Bloch www.deepgovernance.com 216/19/2016