The document discusses the impact of blockchain technology on human resources and organizational design, highlighting its potential for revolutionizing resume authentication, payment processing, and employment management. It introduces the concept of Decentralized Autonomous Organizations (DAOs), which operate on blockchain with complete transparency and token-based governance, allowing decentralized control and decision-making. The document emphasizes that while blockchain may bring intrusive technology into the workplace, its adoption will depend on employee trust.

1. 1Copyright © 2017 Mahindra & Mahindra Ltd. All rights reserved.
Blockchain, DAO and
Organisation Design
or
“What has Blockchain got to do with HR???”
Jaspreet Bindra
@j_bindra
jaspreet@live.com
www.startopiablog.com

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Blockchain started off as the most hyped tech in 2016…
Gartner’s Hype Cycle, Emerging Technologies

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What is Blockchain?
https://www.youtube.com/watch?v=6WG7D47tGb0

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Massive disruptive applications across businesses
Credits : BTCS.com

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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.”

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The BIG Impact, however, could be on
the Organisation Structure itself…

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Traditional Org Structures give the CEO vast powers

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Decentralised Autonomous Organisation

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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

12. 12Copyright © 2012 Mahindra & Mahindra Ltd. All rights reserved. 12

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There is already one such OD Construct

14. 14Copyright © 2017 Mahindra & Mahindra Ltd. All rights reserved.

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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.

17. 17Copyright © 2012 Mahindra & Mahindra Ltd. All rights reserved. 17

18. 18Copyright © 2017 Mahindra & Mahindra Ltd. All rights reserved.
“Potentially intrusive technology will be introduced in the
workplace, but only at the speed of employee trust.”