kaal:claim:2992962-021

Because courts cannot effectuate resolutions to disputes arising from blockchain based smart contracts, blockchain based resolution mechanisms are the only possible recourse for smart contract disputes.

Therefore, blockchain-based resolution mechanisms are the only possible recourse for smart contract disputes.

Wulf A. Kaal, Craig Calcaterra, Crypto Transaction Dispute Resolution (2017), c) Limited Regulatory Oversight, p. 41
https://ssrn.com/abstract=2992962 · source PDF

Wulf A. Kaal, Craig Calcaterra, Crypto Transaction Dispute Resolution (2017). SSRN: https://ssrn.com/abstract=2992962

• fully decentralized and autonomous blockchains

normativesupport: arguedsystemic-risklaw-and-legal-systemssmart-contracts

• extended_by kaal:claim:4855607-036 Web3 systems provide inexpensive community based smart contract dispute resolution, and these mechanisms minim...
• contested_by kaal:claim:5554218-004 National courts and national law cannot be excluded from smart contract disputes, because almost all legal sys...

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