Decentralized Autonomous Organization (DAO) is believed to play a significant role in our future society governed in a decentralized way. In this article, we first explain the definitions and preliminaries of DAO. Then, we conduct a literature review of the existing studies of DAO published in the recent few years. Through the literature review, we find out that a comprehensive survey towards the state-of-the-art studies of DAO is still missing. To fill this gap, we perform such an overview by identifying and classifying the most valuable proposals and perspectives closely related to the combination of DAO and blockchain technologies. We anticipate that this survey can help researchers, engineers, and educators acknowledge the cutting-edge development of blockchain-related DAO technologies.
We empirically study the state of three prominent DAO governance systems on the Ethereum blockchain: Compound, Uniswap and ENS. In particular, we examine how the voting power is distributed in these systems. Using a comprehensive dataset of all governance token holders, delegates, proposals and votes, we analyze who holds the voting rights and how they are used to influence governance decisions.
With the more and more extensive application of blockchain, blockchain security has been widely concerned by the society and deeply studied by scholars. Moreover, the security of blockchain data directly affects the security of various applications of blockchain. In this survey, we perform a comprehensive classification and summary of the security of blockchain data. First, we present classification of blockchain data attacks. Subsequently, we present the attacks and defenses of blockchain data in terms of privacy, availability, integrity and controllability. Data privacy attacks present data …
Much has been written about the likely impact of blockchain technology. Early scholarship on this topic has focused on the legal and financial implications of virtual currencies which is based on blockchain technology. Rapid introduction and diffusion of technological changes throughout society, such as blockchain, continue to exceed the ability of law and regulation to keep pace. Will blockchain prove as disruptive to business models and entrenched societal institutions as: electricity, radio, television, or the internet? What beneficial aspects of the blockchain have been identified thus far…
Society is in constant transition to keep up with technological advancement, we are seeing traditional paradigms being increasingly challenged. The fundamentals of governance are one such paradigm. As society's values have shifted, so have expectations of government shifted from the traditional model to something commonly referred to as 'open governance'. Though a disputed term, we take open governance to mean a concept, which encourages and facilitates openness, accountability, and responsiveness to citizens. For the success of open governance initiatives, there are some technologies, such as…
Proliferation of IoT devices in society demands a renewed focus on securing the use and maintenance of such systems. IoT-based systems will have a great impact on society and therefore such systems must have guaranteed resilience. We introduce cryptographic-based building blocks that strive to ensure that distributed IoT networks remain in a healthy condition throughout their lifecycle. Our presented solution utilizes deterministic and interlinked smart contracts on the Ethereum blockchain to enforce secured management and maintenance for hardened IoT devices. A key issue investigated is the p…
A distributed and transparent ledger system is considered for various e-commerce products including health medicines, electronics, security appliances, food products and many more to ensure technological and e-commerce sustainability. This solution, named as 'PRODCHAIN', is a generic blockchain framework with lattice-based cryptographic processes for reducing the complexity for tracing the e-commerce products. Moreover, we have introduced a rating based consensus process called Proof of Accomplishment (PoA). The solution has been analyzed and experimental studies are performed on Ethereum netw…
The modern society, economy and industry have been changed remarkably by many cutting-edge technologies over the last years, and many more are in development and early implementation that will in turn led even wider spread of adoptions and greater alteration. Blockchain technology along with other rising ones is expected to transform virtually every aspect of global business and individuals' lifestyle in some areas. It has been spreading with multi-sector applications from financial services to healthcare, supply chain, and cybersecurity emerging every passing day. Simultaneously, in the digit…
People IoT surroundings have become valuable information sources that can positively impact individuals and society. A user IoT data can be used for different purposes. For instance, research and improvement of public services. However, individuals lack the governance power to share their IoT data. Data trust is a concept that brings opportunities to address data sharing in IoT. This research reviews the idea of data trust. Then, we review IoT and its unique characteristics that implement data trust a challenge. We further discuss blockchain technology and how it can be used to enable data tru…
Blockchain enables a digital society where people can contribute, collaborate, and transact without having to second-guess trust and transparency. It is the technology behind the success of Bitcoin, Ethereum, and many disruptive applications and platforms that have positive impact in numerous sectors, including finance, education, health care, environment, transportation, and philanthropy, to name a few. This chapter provides a friendly description of essential concepts, mathematics, and algorithms that lay the foundation for blockchain technology.
Decentralized autonomous organization and blockchain-based incentivization framework for community-based facilities management
School of Technology, Eastern Illinois University（东伊利诺伊大学技术学院）；Myers-Lawson School of Construction, Virginia Polytechnic Institute and State University（弗吉尼亚理工学院和州立大学梅斯-劳森建筑学院）
Yield farming represents an immensely popular asset management activity in decentralized finance (DeFi). It involves supplying, borrowing, or staking crypto assets to earn an income in forms of transaction fees, interest, or participation rewards at different DeFi marketplaces. In this systematic survey, we present yield farming protocols as an aggregation-layer constituent of the wider DeFi ecosystem that interact with primitive-layer protocols such as decentralized exchanges (DEXs) and protocols for loanable funds (PLFs). We examine the yield farming mechanism by first studying the operation…
We increasingly live in a world where there is a balance between the rights to privacy and the requirements for consent, and the rights of society to protect itself. Within this world, there is an ever-increasing requirement to protect the identities involved within financial transactions, but this makes things increasingly difficult for law enforcement agencies, especially in terms of financial fraud and money laundering. This paper reviews the state-of-the-art in terms of the methods of privacy that are being used within cryptocurrency transactions, and in the challenges that law enforcement…
The growing trend of sharing news/contents, through social media platforms and the World Wide Web has been seen to impact our perception of the truth, altering our views about politics, economics, relationships, needs and wants. This is because of the growing spread of misinformation and disinformation intentionally or unintentionally by individuals and organizations. This trend has grave political, social, ethical, and privacy implications for society due to 1) the rapid developments in the field of Machine Learning (ML) and Deep Learning (DL) algorithms in creating realistic-looking yet fake…
Smart contracts are software programs featuring both traditional applications and distributed data storage on blockchains. Ethereum is a prominent blockchain platform with the support of smart contracts. The smart contracts act as autonomous agents in critical decentralized applications and hold a significant amount of cryptocurrency to perform trusted transactions and agreements. Millions of dollars as part of the assets held by the smart contracts were stolen or frozen through the notorious attacks just between 2016 and 2018, such as the DAO attack, Parity Multi-Sig Wallet attack, and the in…
With the advent of blockchain technology, multiple research avenues and platforms for dialogue have opened up. However technology transfer to the pubic has not been implemented, such that regular public can access and make use of secure and decentralized software. Most blockchain solutions till date deal with financial applications or monetary transactions, which may not be helpful or be accessible to the general public, especially the lower levels of the financial society. Medi-Chain is a people-first medical blockchain with a usable desktop application and interface which makes use of cuttin…
With advancements in technology, personal computing devices are better adapted for and further integrated into people's lives and homes. The integration of technology into society also results in an increasing desire to control who and what has access to sensitive information, especially for vulnerable people including children and the elderly. With blockchain coming in to the picture as a technology that can revolutionise the world, it is now possible to have an immutable audit trail of locational data over time. By controlling the process through inexpensive equipment in the home, it is poss…
Blockchain, also coined as decentralized AI, has the potential to empower AI to be more trustworthy by creating a decentralized trust of privacy, security, and audibility. However, systematic studies on the design principle of blockchain as a trust engine for an integrated society of cyber-physical-social-system (CPSS) are still absent. In this article, we provide an initiative for seeking the design principle of blockchain for a better digital world. Using a hybrid method of qualitative and quantitative studies, we examine the past origin, the current development, and the future directions of…
The concept of smart grid has been introduced as a new vision of the conventional power grid to figure out an efficient way of integrating green and renewable energy technologies. In this way, Internet-connected smart grid, also called energy Internet, is also emerging as an innovative approach to ensure the energy from anywhere at any time. The ultimate goal of these developments is to build a sustainable society. However, integrating and coordinating a large number of growing connections can be a challenging issue for the traditional centralized grid system. Consequently, the smart grid is u…
Cyber-physical systems and the Internet of things (IoT) is becoming an integral part of the digital society. The use of IoT services improves human life in many ways. Protection against cyber threats is an important aspect of the functioning of IoT devices. Malicious activities lead to confidential data leakages and incorrect performance of devices are becoming critical. Therefore, development of effective solutions that can protect both IoT devices data and data exchange networks turns in to a real challenge. This study provides a critical analysis of the feasibility of using blockchain techn…
