Creation of Smart-Contracting Collaborations for Decentralized Autonomous Organizations

Norta, Alex (2015) Creation of Smart-Contracting Collaborations for Decentralized Autonomous Organizations. In: Perspectives in Business Informatics Research - 14th International Conference, Tartu, Estonia.

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Abstract

Electronic communities of decentralized autonomous organizations (DAO) that engage in agile business-network collaborations, are enabled by recent blockchain-technology related innovations using smart contracting. DAOs utilize service-oriented cloud computing in a loosely-coupled collaboration lifecycle that commences with the setup phase. The latter supports the selection of services provided and used by DAOs in combination with smart contract negotiations. Such setup phases for DAO-communities use blueprints of business-network models that DAOs populate with tentative service offers. The negotiation phase may result either in a consensual agreement, a counteroffer, or a disagreement. In the latter case, the smart contract negotiation collapses and the lifecycle returns to the beginning of the selected collaboration blueprints. To the best of our knowledge, such a smart-contracting setup lifecycle has not been formalized so far. The paper fills the gap and evaluates the model with means of model-checking methods.

Item Type: Conference or Workshop Item (Paper)
Subjects: Main Topics > Blockchain
Projects > BloSSom 2019
Main Topics > Economy
Main Topics > Smart Contracts
Divisions: Computer Science
Depositing User: Unnamed user with email richard.dabels@uni-rostock.de
Date Deposited: 05 Sep 2019 16:34
Last Modified: 05 Sep 2019 16:34
URI: http://blossom.informatik.uni-rostock.de/id/eprint/87

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