The paper examines the existing shortcomings in the open-source code review process and how decentralized autonomous organizations can help optimize the code review process and quality. Optimized code reviews and code review processes, in turn, can help create open-source software standards. The author evaluates the issuance of decentralized code reviews that are verified through a decentralized autonomous organization, the code review DAO (CRDAO). Key distinguishing features of the CRDAO include code review price discovery, lower prices for code reviews, increased speed of code reviews, community governance, full transparency, and, at a later stage, insurance for code reviews. Over time, the CRDAO code reviews can be combined with an underwriting service, through a code review underwriting DAO, where the CRDAO revenue from code reviews guarantees the consumer in certain circumstances that CRDAO code reviews are backed by assets.

Keywords: Code Audit, Decentralized Autonomous Organization, Insurance, Underwriting, Finance, Token Models, Cryptocurrencies, Feedback Effects, Emerging Technology, Tokens, Blockchain, Distributed Ledger Technology

JEL Classification: K20, K23, K32, L43, L5, O31, O32

Suggested Citation: Kaal, Wulf A., How DAOs Optimize Open-Source Code Reviews and Create Open-Source Standards (December 28, 2021). Available at SSRN: https://ssrn.com/abstract=3995709 or http://dx.doi.org/10.2139/ssrn.3995709

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