Introduction to a
SCAO: Smart Contract Assisted Organization
Basics:
Advanced:
Background
Being born in a freshly forged referendum based “direct-ish” democracy, witnessing first hand the United States’s republican representative democracy and working with the Democratic People's Republic of Korea made me develop a passion for governance. While designing Tomorrow Tree’s long term governance structure I encountered the blockchain industry’s DAO concept along the way, which made me realize we are presented with a significant, historical, golden opportunity to safely experiment with a simple big picture question:
Does democracy outperform dictatorship ?
Currently, most governance structures we encounter in our daily lives are organized as top - down dictatorships: corporations, associations, non profits, international organizations, institutions, clubs, offices, families. My theoretical blockchain based organizational structure which I explore in this public article focuses on corporate and social good organization governance alternatives, whose current dictatorial governance structures are mandated by law in most jurisdictions.
In the Blockchain industry, we currently don’t have this legal limitation as of 2022. The technology, the movement and the legal landscape present us with an unprecedented opportunity to play around with hypothetical monetary policy and democracy experiments on a peaceful, non - violent, non - threatening scale never before possible in the history of humankind.
Despite the blockchain industry’s recent significant failings, I implore you to keep an open mind and keep in mind the ways in which this technology can be used to better our world. A blockchain is only a tool; it can be used both for good and bad. Focusing on the good, I am happy to present to you an experimental alternative governance structure: the SCAO ( A Smart Contract Assisted Organization ).
Note:
SCAO articles assume you have a certain degree of knowledge and understanding of decentralized blockchain technology. If you don’t, reach out to me here and I’ll walk you through the prerequisites.
Furthermore, note that development of the SCAO idea is still ongoing, and this page will receive regular updates in light of new information as it develops, especially regarding legal and regulatory aspects.
My original country
2016 US Presidential Election
DPR (North) Korea
SCAO schema
Final Remarks & Give Feedback
Thank you for your attention 💚
Even though I have been designing a novel governance system for Tomorrow Tree Institute since 2019 it’s still at a very early stage with little real world experimentation having been done at this point due to a lack of resources.
If this topic interests you I suggest checking back for updates regularly. When certain counterarguments surface I will list them here; for example: even though the larger SCAO is governed democratically, individual entities connected into the SCAO retain their law mandated traditional dictatorial structures. My current approach to this is to think of the SCAO as a nation state and individual entities as the nation state’s individual households. Many households (say patriarchal or matriarchal families) are often structured as a “dictatorship” (where parents dictate the actions of their children), yet the nation state itself is considered democratic regardless. It is yet to be seen whether regulators would consider this properly decentralized or whether securities laws would apply… ?
Perhaps more counterarguments or criticism will surface ? Will the SCAO actually outperform a traditional multinational & multi - sectoral conglomerate ? We’ll need to test it out.
Lastly, I’d really appreciate feedback, comments, observations etc. if you can ( thank you ❤ ):
written and designed by Klemen Skornisek
Original post: Nov 8th 2022
Last edit: April 29th 2023