© 2017 by Digital Value Pty Ltd

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October 8, 2018

Abstract

This blog is concerned with utilising blockchain technology to code commons governance design principles for the purpose of operating scalable and efficient peer to peer businesses  as decentralized autonomous organizations (DAO). In the course of investigation...

October 2, 2018

This is a continuation of our blog series about implementing Ostroms rules on blockchain tech to scale decentralized organizations. This time we will look at her rule which says that the design of the organization must ensure the rule-making rights of community members...

October 1, 2018

This is a continuation of our blog series ending of the tragedy of the commons via on the scaling of Ostroms rules for successfully governing decentralised organisations. Ostroms sixth rule for designing decentralized organizations requires the use of graduated sanctio...

September 28, 2018

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 t...

September 13, 2018

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 consi...

September 6, 2018

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 clea...

August 27, 2018

One of Ostroms rule for successfully defining a decentralised organisation is that members can participate in the creation and changing of rules.


In 2000, Robin Hanson introduced a concept called futarchy as a mechanism of improving democracy. He had observed that pred...

August 16, 2018

Some authors argue that implications of blockchain technology will be most greatly experienced as a revolution of institutions and governance rather than a transformation of money or as a new technology that transforms the economics of information. Whilst they hypothes...

August 10, 2018

Ostrom proposed that a Commons can create value if a set of rules are consistently applied and respected by all of its members. She compiled eight specific rules for managing the commons. Her examples focused on small groups, and her ideas were groundbreaking, winning...

July 26, 2018

Although there are many type of businesses, including partnerships, cooperatives, and sole proprietors, most large businesses today are corporations. However this hasn't always been so, Prior to the 1800s most businesses were sole proprietors and many operated as cogs...

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