# kaal:claim:2998033-002

**Claim.** Smart contracting on blockchain platforms often makes legal contracting unnecessary, because smart contracts emulate the logic of legal contract clauses.

**Type.** mechanism  **Support.** asserted

**Holds when.**

- applies to transactions whose terms can be expressed as executable code

**Source quote.**

> Through blockchain technology, smart contracting often makes legal contracting unnecessary as smart contracts often emulate the logic of legal contract clauses.

**From.** Wulf A. Kaal, *Blockchain Innovation for Private Investment Funds* (2017), II.2. Trust Through Immutability, page 9

**Cite as.** Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

**Verify.** sha256 of source PDF `aafb1be3c25cd33da477d759df9ca2f856f0a8fe133d6396da2e75d0af573dbd` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Blockchain%20Innovation%20for%20Private%20Investment%20Funds.pdf

**Topics.** smart-contracts, law-and-legal-systems, decentralization

**Keywords.** smart-contracts, legal-contracting, automation, disintermediation

**Related claims.**

- restates: https://wulfkaal.github.io/claims/2959730-022
- restated_by: https://wulfkaal.github.io/claims/3002908-018
- restated_by: https://wulfkaal.github.io/claims/3071378-006
- restates: https://wulfkaal.github.io/claims/2939127-019

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.