Breaking the corporate form – the continuing evolution of decentralised digital governance structures
In this article, Sharon A. Beesley and Bourn Collier consider the rise of a new business structure involving decentralised forms of business conducted on blockchains or distributed ledgers, referred to as decentralised autonomous organisations (DAOs). Bermuda is a leading jurisdiction for digital asset (or crypto-asset) business and the authors consider key challenges and like characterisations of the new structures.