UN digital governance body to establish DAO

Internet Governance Forum (IGF) of the United Nations has announced the establishment of a group to launch a pilot project for a decentralized autonomous organization (DAO). It hopes to explore how public sector institutions can deploy blockchain and DAO principles for governance structures. In addition to DAO governance, research topics also include digital asset management, identity, blockchain accessibility and security, and the use of this technology in economic development and investment.

Stakeholders include representatives from the central banks of Brazil and Nigeria. Other participants include government officials from Nigeria, the United States, the United Kingdom, the United Arab Emirates, and Vietnam. The Government Blockchain Association is the coordinator.