6. 6
Blockchain in HR
Resume` Authentication: Recruit Technologies and Ascribe
Get paid as you go: Chronobank.io
Educational degrees on the Blockchain, available on tap : NSDL
“Imagine having all your employment related details associated with your electronic
signature in one block – security access, insurance, payroll, expenses, work
performance, employment history, psychometrics etc. The employment contracting
process would effectively be redundant. You could work almost immediately, with
quick payment.”
7. 7
The BIG Impact, however, could be on
the Organisation Structure itself…
11. 11
What is a DAO ?
• The DAO is an organisation formed by crowd funding (or
crowd-founding), and its by-laws are entirely written in code
• It controls $100mn in assets, and it exists entirely on the
Ethereum Blockchain
• In exchange for supporting The DAO financially, backers get
DAO tokens, which they can then use to vote on the direction of
the organization. They can use their tokens to vote on big
governance issues (akin to traditional shareholders) but also on
minute details of how The DAO spends its resources. In this
way, token holders have total control over The DAO’s assets
and its actions.
• People with projects they’d like to build for The DAO can submit
ideas in the form of a proposal written in plain English
accompanied by smart contract code. The code automatically
executes payments so long as certain agreed-upon conditions
are met. Because this is all built on top of Ethereum, which
allows for robust smart contracts, this can all be done
autonomously
• It’s something between a traditional corporation, a VC fund and
a Kickstarter — only entirely decentralized, democratic and
existing only in code.
The DAO is a paradigm shift in the very idea of
economic organization. It offers complete
transparency, total shareholder control,
unprecedented flexibility and autonomous
governance
16. 16
Blockchain Startup of the Year - 2016
Colony makes it easy for people all over the world to build companies
together online.
Colonies are kind of like companies, except instead of being managed by
fallible individuals, Colony harnesses the wisdom of the crowd to make sure
that the right things get done by the right people, at the right time.