UniDAO: University Decentralised Autonomous Organization

Abstract

This paper investigates the potential of decentralized autonomous organizations (DAOs) in transforming traditional governance systems in higher education institutions. Utilizing a case study, it explores the implementation of a university DAO on the Web3 platform, which leverages blockchain technology, smart contracts, non-fungible tokens (NFTs), and a user interface to facilitate transparent, secure, and efficient democratic governance. The proposed system empowers students, faculty, and staff to engage in decision-making processes, fostering a more inclusive university community. Despite its potential, the system faces limitations such as reliance on an isolated development environment, legal concerns, and scalability challenges. This paper highlights the opportunities and challenges in adopting blockchain-based DAO technology in higher education. It provides insights into its impact on university culture, stakeholder satisfaction, and overall educational quality.