Work

Ways of Interaction of Autonomous Economic Agents in Decentralized Autonomous Organizations

Year: 2023

Type: conference-paper

Abstract: Decentralized Autonomous Organizations (DAO), which have already become independent participants in the relationship in the Web 3.0 economy, are currently neither decentralized nor autonomous because most of the functions and tools used are still centralized, the management of DAOs still largely depends on collective decision-making by all participants. Greater autonomy can be provided by the use of Autonomous Economic Agents (AEA) in DAOs to organize governance, improve communication between participants, create an autonomous reward system, and speed up the search for information and solutions. AEA can be used as a tool to conclude transactions or implement a part of their functions. The article provides an overview of the main technological developments in the field of AEA and DAO and also describes the main ways they could interact in economic peer-to-peer digital systems, taking into account their role, characteristics, and functions. Attention is also drawn to the economic benefits that a DAO acquires from the use of autonomous agents.

Source: Workshop on Cybersecurity Providing in Information and Telecommunication Systems (CPITS)

DOI: 10.55056/ceur-ws.org/vol-3421/short3.pdf

Authors: Denis Virovets, Sergiy Obushnyi, Olena Shtepa, Hennadii Hulak, Vadym Vlasenko

Institutions: Borys Grinchenko Kyiv Metropolitan University, State University of Information and Communication Technologies

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: hybrid

OpenAlex ID: W7166323898

FWCI: 1.325

Cites: 14

Cited by: 7

Related to: 10