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The Real Blockchain Game Changer: Protocols and DAOs for Coordinating Work to Provide Goods and Services

The Real Blockchain Game Changer: Protocols and DAOs for Coordinating Work to Provide Goods and Services
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Author(s): Mitchell Loureiro (Immunefi, Portugal), Ana Pêgo (Centro de Estudos de Doenças Crónicas (CEDOC), NOVA Medical School, Universidade NOVA de Lisboa, Lisbon, Portugal)and Inês Graça Raposo (ISEG Executive Education, Lisbon School of Economics and Management, University of Lisbon, Portugal)
Copyright: 2021
Pages: 13
Source title: Political and Economic Implications of Blockchain Technology in Business and Healthcare
Source Author(s)/Editor(s): Dário de Oliveira Rodrigues (Instituto Politécnico de Santarém, Portugal)
DOI: 10.4018/978-1-7998-7363-1.ch005

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Abstract

The single critical output of a blockchain is creating trust where previously impossible. While this feature delivers compelling value for many use cases (bitcoin for money, standards setting and data sharing for permissioned blockchains, audit trails and protection against liability in supply chains), the most novel use case has been something unexpected: the birth of a new type of social structure to provide goods and services. The early examples of this new type of social structure have shown themselves to be incredibly effective at providing those services to their users.

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