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The Rise Of Decentralized Autonomous Organizations: Coordination And Growth Within Cryptocurrencies, Ying-Ying Hsieh
The Rise Of Decentralized Autonomous Organizations: Coordination And Growth Within Cryptocurrencies, Ying-Ying Hsieh
Electronic Thesis and Dissertation Repository
The rise of cryptocurrencies such as Bitcoin is driving a paradigm shift in organization design. Their underlying blockchain technology enables a novel form of organizing, which I call the “decentralized autonomous organization” (DAO). This study explores how tasks are coordinated within DAOs that provide decentralized and open payment systems that do not rely on centralized intermediaries (e.g., banks).
Guided by a Bitcoin pilot case study followed by a three-stage research design that uses both qualitative and quantitative data, this inductive study examines twenty DAOs in the cryptocurrency industry to address the following question: How are DAOs coordinated to enable growth? …