dido:public:ra:1.3_gov
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dido:public:ra:1.3_gov [2022/04/23 12:45] nick [3 Governance] |
dido:public:ra:1.3_gov [2022/04/23 12:46] (current) nick [3 Governance] |
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| - | For practical reasons, the acronym Distributed Immutable Data Object (DIDO) represents a set of distributed computing technologies that focus on distributed data (i.e., blockchains, [[dido:public:ra:xapend:xapend.a_glossary:d:distributed_ledgers|distributed ledgers]], distributed file systems or distributed data). A major problem confronting the adoption of DIDO technologies is that it requires shifting away from corporate models of [[dido:public:ra:xapend:xapend.a_glossary:g:governance]] to an open community model of development, especially for industry or public ecosystems (e.g., financial, supply chains, public records) and domains (e.g., interest swaps, produce supply chain, cryptocurrencies, carbon credits, air pollution, traffic conditions). In the corporate model of governance, a single entity is responsible for the costs and the entire lifecycle of a product or project. Governance is accomplished through a formal chain of command, usually with a single individual responsible for the success or failure of the product or project. | + | For practical reasons, the acronym Distributed Immutable Data Object (DIDO) represents a set of distributed computing technologies that focus on distributed data (i.e., blockchains, [[dido:public:ra:xapend:xapend.a_glossary:d:distributed_ledgers]], distributed file systems or distributed data). A major problem confronting the adoption of DIDO technologies is that it requires shifting away from corporate models of [[dido:public:ra:xapend:xapend.a_glossary:g:governance]] to an open community model of development, especially for industry or public ecosystems (e.g., financial, supply chains, public records) and domains (e.g., interest swaps, produce supply chain, cryptocurrencies, carbon credits, air pollution, traffic conditions). In the corporate model of governance, a single entity is responsible for the costs and the entire lifecycle of a product or project. Governance is accomplished through a formal chain of command, usually with a single individual responsible for the success or failure of the product or project. |
| However, in distributed computing, not all the resources are owned, paid for, or controlled by a single entity. In fact, the more entities involved in the distributed computing solution, the better. These differences in governance models make the adoption of distributed computing difficult by corporate entities since they have to rely on a larger, more inclusive community, which may include competitors, to measure the success of the solution. Ultimately, the success of the project or product comes down to controlling and minimizing risks. Being part of a larger, more diverse community increases some kinds of risks but may decrease others. | However, in distributed computing, not all the resources are owned, paid for, or controlled by a single entity. In fact, the more entities involved in the distributed computing solution, the better. These differences in governance models make the adoption of distributed computing difficult by corporate entities since they have to rely on a larger, more inclusive community, which may include competitors, to measure the success of the solution. Ultimately, the success of the project or product comes down to controlling and minimizing risks. Being part of a larger, more diverse community increases some kinds of risks but may decrease others. | ||
dido/public/ra/1.3_gov.1650732335.txt.gz · Last modified: 2022/04/23 12:45 by nick
