Towards a Decentralized Autonomous Governance Model to Improve Governance of Charities

Abstract

Applying Decentralized Autonomous Organizations (DAOs), a participative-based technology in the charity sector, enables donors to manage donations collectively, vote, and release donations when conditions are met. This approach empowers donors’ decision-making and improves transparency. This systematic literature review (SLR) assesses the integration of DAO as a new way of managing charity projects through decentralized governance and smart contracts (SCs). Our analysis covered 29 studies in the literature, from which we identified key dimensions and top-level functions constituting the state-of-art in integrating DAO in charity organizations. Our review reveals the potential of DAO in improving charity organization practices and decisions by way of utilizing SCs that create dynamic control environments. The review develops a step-by-step decentralized charity governance project (DCGP) model to automate donations and improve transparency.