Unfolding Hyper-Sovereignty: A Preliminary Examination of Decentralized Autonomous Organizations (DAOs) through Definitional Properties

Department of Mathematics, Computer Science and Physics, University of Udine, Italy
Email: francescosantoro76@gmail.com (F.S.)
Manuscript received May 16, 2024; accepted July 16, 2024; published July 26, 2024

Abstract—This article delves into the emergence of Decentralized Autonomous Organizations (DAOs), which operate via rules set in smart contracts on blockchain networks. Unlike traditional organizations, DAOs are a collec-tive of individuals coordinating online, without centralized authority, driven by a common algorithmic rule set to attain mutual objectives. Although DAOs are pioneering and hold immense potential as a catalyst for economic productivity and innovation, they remain in their nascent stages. The technology underpinning DAOs also opens avenues for multidisciplinary research, exploring its economic, legal, political, and social implications.

Keywords—Decentralized Autonomous Organizations (DAOs); decentralization; blockchain; internet governance; ale-gal organization

Cite: Francesco Santoro, "Unfolding Hyper-Sovereignty: A Preliminary Examination of Decentralized Autonomous Organizations (DAOs) through Definitional Properties," International Journal of Blockchain Technologies and Applications vol. 2, no. 2, pp. 58-69, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).