kaal:position:2026-07-31-5914
Exploring the Feasibility of a Decentralized Autonomous Organization (DAO) as a New Model for Economic Governance in the Blockchain Era presents the following source proposition: The authors examined the key features and functions of DAOs, assessed the potential benefits and challenges of using these organizations as a model for economic governance, and considered the legal and regulatory implications of DAOs. This proposition is pertinent to Kaal's source-bound claim that A decentralized autonomous organization is merely computer code with no directors, managers or employees, its governance structure built with software, code and smart contracts running on a public decentralized blockchain platform. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
daosmart-contractsblockchaingovernance-designcorporate-governancehistorical-responsescholarly-literatureopenalex