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Decentralized Autonomous Corporations

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Fourth International Congress on Information and Communication Technology

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1027))

Abstract

This document is intended to provide an overview on decentralized autonomous corporations (DACs) based on the blockchain technology. We provide definitions of (1) DACs, (2) secure multiparty computation—a secure multiparty protocol for authorizing transactions, (3) autonomous agents—a set of computer programs that carry out some set of operations on behalf of users. We conclude the document with an application for financial-portfolio management.

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Notes

  1. 1.

    Because of the size of the phase space, that is the number of metric parameters, a clustering algorithm, such as k-mean, may be use to assign a cluster to the data point. If the distance of the data to the centroid exceeds a threshold value, the DAC can request human traders to vote.

References

  1. bitcoin/src/script/interpreter.cpp. GitHub Webpage, https://github.com/bitcoin/bitcoin/blob/fcf646c9b08e7f846d6c99314f937ace50809d7a/src/script/interpreter.cpp#L256, last accessed 2019/03/12

  2. ECDSA r, s encoding as a signature. StackExchange Webpage, http://bitcoin.stackexchange.com/questions/2376/ecdsa-r-s-encoding-as-a-signature, last accessed 2019/03/12

  3. secmultipartycomp/slides/sec_multi_party_comp.pdf. GitHub Webpage, https://github.com/czielinski/secmultipartycomp/blob/master/slides/sec_multi_party_comp.pdf, last accessed 2019/03/12

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Author information

Authors and Affiliations

  1. CNAM, Paris, France

    Craig S. Wright

Authors
  1. Craig S. Wright
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Corresponding author

Correspondence to Craig S. Wright .

Editor information

Editors and Affiliations

  1. School of Science and Technology, Middlesex University, London, UK

    Xin-She Yang

  2. University of Reading, Reading, UK

    Simon Sherratt

  3. Department of Information Technology, Techno India College of Technology, Kolkata, West Bengal, India

    Nilanjan Dey

  4. Global Knowledge Research Foundation, Ahmedabad, Gujarat, India

    Amit Joshi

Appendix 1

Appendix 1

See Table 4.

Table 4 Checklist for assessing subcontractor quality. The responses to the questions are rated, as is the score
Full size table

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Cite this paper

Wright, C.S. (2020). Decentralized Autonomous Corporations. In: Yang, XS., Sherratt, S., Dey, N., Joshi, A. (eds) Fourth International Congress on Information and Communication Technology. Advances in Intelligent Systems and Computing, vol 1027. Springer, Singapore. https://doi.org/10.1007/978-981-32-9343-4_14

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  • DOI: https://doi.org/10.1007/978-981-32-9343-4_14

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-32-9342-7

  • Online ISBN: 978-981-32-9343-4

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