In this episode we dive into the world of smart contracts and their remarkable impact on organizational design. Our guest Justice Conder provides a thought-provoking introduction to what he calls the third law of nature of smart contracts. We explore the transformative journey from traditional corporations to the realm of Decentralized Autonomous Organizations (DAOs) keeping a non ideological mindset and examining the challenges of bridging the gap between the two paradigms.
Justice Conder does DAO Ecosystem Development at Polygon Labs. Before this he was a full-stack developer and Agile practitioner for over ten years and entered the world of DAOs through BanklessDAO, where he contributed as a governance solution engineer.
With Justice we explore the disconnect between DAOs and traditional organizations, investigating how smart contracts - as a conceptual evolution of DevOps - could play a pivotal role in driving organizational transformation. We also discuss how pioneering transformations such as the one with Haier’s management model, Rendanheyi, has a symbiotic relationship with the on-chain revolution, offering insights into the future of organizational design and management.
Get ready to be inspired by the immense potential of Web3 capabilities in product development, and discover how these capabilities can be harnessed to unleash innovation, foster user engagement, and shape the future of products and organizations.
Key Highlights
👉 Smart Contracts and the Third Law of Nature
👉 DAOs are ideologically framed: a movement for more equitable organizations
👉 DACs (corporations) rather than DAOs (organizations) may be the space where most of the promises of smart organization lies
👉 DAOs can magnify rather than solve the tragedy of the commons if leadership is missing
👉 Progressive decentralization is better than presumptive
👉 To be on top of organizational transformation, you need to look far ahead of the current state
Topics /chapters
(00:00) Smart Contracts: The Unbreakable Third Law of Nature
(00:55) Justin introduction
(01:51) from the traditional world into the DAO world
(04:40) Bridging the Gap: Exploring the Disconnect Between DAOs and Traditional Organizations
(18:13) The Role of DevOps, Smart Contracts and DAOs in Organizational Transformation
(27:23) Rendanheyi and the On-Chain Revolution: the Future of Organizational Management
(41:47) Unleashing the Potential: Harnessing Web3 Capabilities for Product Development
(54:43) Justice Conder's breadcrumbs
Remember that you can always find transcripts and key highlights of the episode on our website: https://boundaryless.io/podcast/justice-conder
Recorded on June 2nd 2023.
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Music
Music from Liosound / Walter Mobilio. Find his portfolio here: https://blss.io/Podcast-Music
