Transforming a traditional company into a Decentralized Autonomous Organization – A Swiss Case

No Thumbnail Available
Author (Corporation)
Publication date
2023
Typ of student thesis
Master
Course of study
Type
11 - Student thesis
Editors
Editor (Corporation)
Supervisor
Parent work
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
Patent number
Publisher / Publishing institution
Hochschule für Wirtschaft FHNW
Place of publication / Event location
Olten
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
Decentralized Autonomous Organizations (DAO) represent a paradigm shift in how people self-organize and make decisions. Advancements in digital platforms and information technologies enable it. The study highlights the relevance and growth of DAOs, their challenges in integrating into existing legal systems, and the opportunities they offer. There is a need for the explosive growth of blockchain-based DAOs to integrate with legal systems. A hybrid approach combining decentralized organization models such as DAOs with existing legal structures could solve this challenge. Accordingly, this thesis examines by developing a prototype using existing DAO software and gaining insights into its functionalities and applicability for transforming a Swiss limited company. The research strategy chosen for this research was Design Science Research (DSR), as it envisions the creation of an artefact to solve identified real-world problems. Through a literature review of secondary literature, the requirements for a prototype were derived, which were the basis for developing a prototype. Requirements elicitation, prototype development, and subsequent validation were conducted in two DSR cycles. The legal requirements were validated with an expert interview.
Keywords
Subject (DDC)
330 - Wirtschaft
Project
Event
Exhibition start date
Exhibition end date
Conference start date
Conference end date
Date of the last check
ISBN
ISSN
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Review
Open access category
License
Citation
ULRICH, Philipp, 2023. Transforming a traditional company into a Decentralized Autonomous Organization – A Swiss Case. Olten: Hochschule für Wirtschaft FHNW. Verfügbar unter: https://irf.fhnw.ch/handle/11654/48720