The Paradox of Decentralization and Governance

Unbox Your World - A podcast by Maria Selting

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In today's episode, we're interviewing the crypto-professional Ludvig Öberg, co-founder of Safello and the Swedish Bitcoin Association, currently developing an open-source blockchain at ChromaWay. In other words, he is a true blockchain expert. He has recently pioneered one of the first theses on management controls within so-called Decentralized Autonomous Organizations, which are members-driven organizations powered by Blockchain technologies. Blockchain technologies have opened new possibilities for how we organize ourselves. In the past, it has been challenging to maintain control in decentralized organizations as the number of members grows, however, blockchain technologies enable control in decentralized organizations at scale through so-called smart contracts, voting rights, ownership through tokens etc. This way, we can avoid the "tragedy of the commons" as members feel invested with clear owner rights and responsibilities. However, is it really possible to maintain a decentralized organization at scale? How do you maintain management controls in large Decentralized Autonomous Organizations as they grow? Is it even possible to avoid corporate governance, or is it an inevitable must? In today's episode you'll learn: What is a Decentralized Autonomous Organization What are some common management control systems The findings from his research studying different types of DAOs Tune in to learn more!