NFT-enabled organization design: prospects, promises and hurdles

Patrick Nicolas Tinguely () and Yash Raj Shrestha ()
Additional contact information
Patrick Nicolas Tinguely: ETH Zurich
Yash Raj Shrestha: University of Lausanne

Journal of Organization Design, 2024, vol. 13, issue 1, 23-31

Abstract: Abstract Non-fungible tokens (NFTs) are digital assets based on blockchain technology that are increasingly being used for various applications in organizations. Given NFTs’ unique technological features, we posit that traditional, centralized organizations can adopt them to introduce novel solutions to the fundamental problems of organizing, namely, division of labor and integration of efforts. We examine the prospects and promises of NFT-enabled organization design and suggest how organizations can navigate its potential hurdles. We discuss critical boundary conditions for the deployment of NFTs in organization design and conclude by articulating how our Point of View article contributes to scholarship on blockchain technology and decentralized autonomous organizations (DAOs).

Keywords: NFTs; Blockchain; Organization design; New forms of organizing; Decentralized autonomous organizations (DAOs); Future of work (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s41469-023-00154-w Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jorgde:v:13:y:2024:i:1:d:10.1007_s41469-023-00154-w

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/41469

DOI: 10.1007/s41469-023-00154-w

Access Statistics for this article

Journal of Organization Design is currently edited by Børge Obel and Charles C. Snow

More articles in Journal of Organization Design from Springer, Organizational Design Community
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().