# kaal:claim:3227933-033

**Claim.** A DAO inhibits rent-seeking and delivers transparency because its governance protocols are open source, so weaknesses are constantly tested and revised in the open rather than hidden inside a managerial hierarchy.

**Type.** mechanism  **Support.** argued

**Holds when.**

- open source governance protocols

**Source quote.**

> Such an organization inhibits "rent-seeking" and offers transparency. And they are secure. For instance, the governance protocols used in a DAO are open source and weaknesses are constantly tested and revised.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Why 'Blockchain' Will Disrupt Corporate Organizations* (2018), 7. Decentralized Autonomous Organizations, page 16

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

**Verify.** sha256 of source PDF `a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202018%20-%20Why%20%27Blockchain%27%20Will%20Disrupt%20Corporate%20Organizations.pdf

**Topics.** disclosure, dao, open-source-and-code

**Keywords.** rent-seeking, transparency, dao, open-source

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/4957318-035
- extended_by: https://wulfkaal.github.io/claims/4015908-017

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.