kaal:claim:2939127-016

It is the completely decentralized network connectivity of the blockchain via the Internet, more than the use of digital signatures to establish party identity and authenticity, that provides the strongest protection against fraud.

While blockchain's use of digital signatures helps establish the identity and authenticity of the parties involved in the transaction, it is the completely decentralized network connectivity via the Internet that allows the most protection against fraud.

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017), III.1. Blockchain Technology Defined, p. 20
https://ssrn.com/abstract=2939127 · source PDF

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127

• fully decentralized, internet connected blockchain networks

mechanismsupport: arguedblockchaindecentralization

• restated_by kaal:claim:3373393-022 It is decentralized network connectivity via the Internet, rather than blockchain's use of digital signatures,...
• restated_by kaal:claim:2959730-017 Blockchain removes fraudulent transactions primarily through completely decentralized network connectivity via...
• extended_by kaal:claim:3411897-018 It is the completely decentralized network connectivity via the internet, not blockchain's digital signatures,...

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