Current Situation
Industry ecosystem partners do not have a central, digital place to work together on joint initiatives across their business. DAOs have emerged as entities where innovation and experimentation take place in support of specific missions. DAOs have emerged in the financial services space, developing DeFi (decentralized finance) protocols and funding approaches, as well as in the music and entertainment, cities, and healthcare industries.
Goals and Objectives
Extend the open innovation, collaboration, and data management practices through DAOs. Although DAOs may emerge as the new, modern organization as some have touted, in the near term the objective of operational DAOs for corporations will be to complement initiatives in R&D/engineering, supply chain, M&A, and service.
Technology Deployed
Hardware: Servers, storage, smartphones, tablets, and wearables
Software: AR/VR, cloud, security, social, mobile, PLM, ERP, SCM, and Office tools
Services: Business services and IT services
Use Case Summary
New use case as DAOs emerge as neutral, trusted digital environments for sharing, collaboration, and innovation that are a flat entity where members vote on any changes to operation, policy, and approach; DAOs have an opportunity to be central, trusted platforms for ecosystem operation in support of specific use cases and initiatives across enterprise domains