Decentralised autonomous organisations for the AEC and design industries.

Lombardi, Davide; Dounas, Theodoros

Abstract

The chapter presents the concept of Decentralised Autonomous Organisation (DAO) and discusses what the current and possible applications are in relation to the AEC, design and design-linked industries. The chapter first introduces theoretical aspects of traditional organisations and then develops the ones behind the creation of automated, computer-based ones. Consensus mechanisms and smart-contracts integration are also presented in conjunction with diffused systems of DAOs' regulation. Scenarios are presented where DAOs are applied as a coordination tool for competitive and collaborative use within the design field. A comparison table of Ethereum-based DAOs as well as reflections on the pros and cons of DAOs applications are provided to better frame what the current boundaries are of a technology that is also expanding its range of utilisation thanks to the interest of town councils and institutions.

Citation

LOMBARDI, D. and DOUNAS, T. 2022. Decentralised autonomous organisations for the AEC and design industries. In Dounas, T. and Lombardi, D. (eds.) Blockchain for construction. Singapore: Springer [online], pages 35-45. Available from https://doi.org/10.1007/978-981-19-3759-0_3

• Online Publication Date: Sep 21, 2022
• Publication Date: Dec 31, 2022
• Deposit Date: Apr 19, 2023
• Publisher: Springer
• Pages: 35-45
• Series Title: Blockchain technologies
• Series ISSN: 2661-8338; 2661-8346
• Book Title: Blockchain for construction
• ISBN: 9789811937583
• DOI: https://doi.org/10.1007/978-981-19-3759-0_3
• Keywords: Decentralised autonomous organisations (DAOs); Automation in management; Automation; Distributed ledger technologies; Blockchain; Smart contracts
• Public URL: https://rgu-repository.worktribe.com/output/1942475
• Related Public URLs: https://livrepository.liverpool.ac.uk/id/eprint/3165058 (University of Liverpool record)
• Additional Information: Once out of embargo, it will be possible to access a copy of the full text of this chapter from the repository of the University of Liverpool: https://livrepository.liverpool.ac.uk/id/eprint/3165058