A United Nations Internet Governance Forum (IGF) group plans to create a decentralized autonomous organization (DAO) in a pilot project to demonstrate its applications in the public sector, the IGF announced on Dec. 21.
The IGF Dynamic Coalition on Blockchain Assurance and Standardization wanted to showcase how public sector organizations can “leverage blockchain technology and DAO principles to foster transparent, rules-based, and high-integrity governance structures.” The IGF did not specify how its DAO would be used, but it emphasized DAOs’ decision-making capacity rather than financial aspects.
The coalition offers open membership and holds monthly meetings around the world. It has stakeholders in government offices in six countries, including the central banks of Brazil and Nigeria.
The coalition is “hosted” by the nonprofit Government Blockchain Association (GBA), which will provide infrastructure support for the DAO pilot through its member Gosh, an Ethereum layer-2 solution. The United States is heavily represented in both the coalition and the GBA.
Coalition co-leader Dino Cataldo Dell’Accio said:
“This initiative signifies a pivotal step toward establishing innovative and secure governance models, ensuring that blockchain technology can be harnessed for the benefit of public sector organizations.”
IGF dynamic coalitions are independent entities devoted to specific issues within the purview of the IGF.
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