DAOs & ADSs

Abstract

Modern public and private infrastructure is increasingly large and complex regardless of the industry within which it is deployed - communications, power, transportation, manufacturing, finance, etc. Autonomous Decentralized Systems (ADSs) analogous to living systems with autonomous and decentralized subsystems have been developed to support the requirements of modern infrastructure. Large-scale infrastructure is increasingly a significant source of data on both its own operations as well as the society dependent on it. Big data from infrastructure can thus supply a variety of artificial and augmented intelligence systems. Large complex infrastructures typically require large complex organizations to operate and maintain. Such organizations though are typically centralized and constrained by bureaucratic policies and procedures. Decentralized Autonomous Organizations (DAOs) are emerging that may provide better transparency, autonomy and decentralization for the manner in which these large-scale infrastructures are operated. The paper contrasts DAOs and ADSs before identifying the requirements for DAO administration of an ADS.