Members interaction with common assets on public blockchains are completely transparent to all members and tools are widely available to monitor activity. Although Ostroms rule appears to be satisfied by existing characteristics of blockchains for those organizations that operate solely on a blockchain – those that have completely ceded to the crypto economy – beyond pure cryptocurrencies, it is difficult to imagine many scenarios where this is the case. That is for the crypt

This a continuation of our blog series looking at blockchain and DAOs through the prism of Ostroms 8 principles. This time we are checking out her second rule which says to match the design of decentralized organizations to local needs and conditions. Some authors consider that this principle deals with who can access resources and the barriers to entry and exit {Bradley, 2017 #86}, whilst other authors who specifically consider the application of this principle in the design

In Ostrom's seminal work that demonstrated the tragedy of the commons does not occur in the decentralized management of Common Pool Resources (CPR) if eight certain principles are part of their design, she identified that the successful governance of CPR requires clearly defined user and resource boundaries. In today’s blog we are investigating what that means to decentralized applications on blockchains. Swan (2015) categorizes blockchain use cases into three categories, Bl