Distributed Collaborative Organizations Based on the Blockchain

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David Bollier:

"A recently released report suggests that blockchain technology could provide a critical infrastructure for building what are called “Distributed Collaborative Organizations” (sometimes “Distributed Autonomous Organizations”). These are essentially self-organized online commons. A DCO could use blockchain technology to give its members specified rights within the organization, which could be managed and guaranteed by the blockchain. This set of rights, in turn, can be linked to the conventional legal system to make those rights legally cognizable." (http://bollier.org/distributed-networks-and-law)