NFT-Enabled Organization Design: Prospects, Promises and Hurdles
Tinguely, P. N., Shrestha, Y. R., (2023) NFT-Enabled Organization Design: Prospects, Promises and Hurdles, Journal of Organization Design
18 Pages Posted: 26 Oct 2023
Date Written: September 27, 2023
Abstract
Non-fungible tokens (NFTs) are digital assets based on blockchain technology that are increasingly being used for various applications in organizations. Given their unique technological features, we posit that organizations can adopt NFTs to introduce novel solutions to the fundamental problems of organizing, namely, division of labor and integration of efforts. Adopting a design-centric perspective, we discuss the prospects and promises of NFT-enabled organization design and highlight potential hurdles along the way.
Keywords: NFTs, Blockchain, Organization Design, New Forms of Organizing, Future of Work
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