Data Centric DAO: When blockchain reigns over the Cloud

Nowadays, data has become more and more important. Most governments have passed laws to control how they are owned and used, such as the GDPR in Europe. However, any law is never perfect. We can see it when a company scattered around the world is hampered by the fact of not being able to exploit customer data outside the borders of a territory. Also, we can add that a data owner is not anymore once he sells them to a third party to be exploited. In this work, we propose a solution based on a permissioned blockchain, namely the Hyperledger Fabric, to allow any stakeholder with data to take part, with value providers, in creating Decentralized Autonomous organizations (DAOs). Once created, a DAO can attract other investors to expand it. The Hyperledger Fabric handles this whole process through channels. The infrastructure needed to run the business of the DAO is generated automatically through special transactions taking place at the blockchain level. In the opposite direction, the cloud infrastructure sends notifications to the Hyperledger for traceability and monitoring purposes. Finally, through simulations of wealth distribution models, we show that to keep control of a DAO based on the proposed architecture, the shares must be negotiated according to a Pareto law.