Decentralized Autonomous Organizations

A short film about the rise of Decentralized Autonomous Organization with narration by Shermin Voshmgir. This video is for educational purposes only. Transcription – “Blockchain is I would say not only a technological revolution but first and foremost a socio-economic revolution. Blockchain is a tool to bring us into a more decentralized world. Why can we disrupt organizations with blockchain? In order to understand this we need to understand the history of the Internet. So if we look back the first generation internet the early 90s revolutionized information and this is why we called it the information data highway. About ten years later we had the so-called web – the internet became more mature more programmable and all of a sudden we had, on the one hand,┬ásocial media platforms and on the other hand a peer-to-peer economy where the consumer and the producer came closer to each other of information, of opinion, of goods and services. So the original vision of the internet was to be a decentralized world where everybody could put information online but in the web – it became very centralized with those platforms it brought us this peer-to-peer economy but with this huge man in the middle, this platform in the middle, who started to control all the data and dictates the rules of transactions of that platform so instead of the internet becoming more decentralized it became more centralized and what we’re doing now with blockchain and Ipfs and all these other technologies of the decentral web we are redesigning data structures given the fact that we are already living in the connected world.”


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