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From centralized to decentralized: an exploration of challenges in adopting decentralized autonomous organization structures
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Resumo(s)
This work investigates Decentralized Autonomous Organizations (DAO) and the adoption of their
characteristics in traditional companies. As the total amount of DAOs steadily increased over time,
the literature on this specific transformation process did not. This work uses a qualitative research
method consisting of four interviews with industry experts and a secondary data analysis. The results
show that the factors DAO´s level of effectiveness as well as technical complexity and effort to
solve legal challenges influence the successful transformation from a centralized company to a
DAO. Additionally, it has been found that only one company transformed itself until now.
Descrição
Palavras-chave
Decentralized autonomous organization (Dao) Blockchain technology Organizational dtructure Transformation challenges Business model adaptation