# kaal:claim:2998033-006

**Claim.** Blockchain enabled services should expect the same incumbent resistance that sharing platforms encountered, so technical viability will not by itself produce rapid market acceptance.

**Type.** failure  **Support.** argued

**Holds when.**

- applies where incumbents are challenged by a new way of delivering an existing service or product

**Source quote.**

> future blockchain-enabled sharing services may not be accepted quickly and without resistance on the part of incumbents challenged by new ways of delivering a service or product.

**From.** Wulf A. Kaal, *Blockchain Innovation for Private Investment Funds* (2017), II.4. Limitations, page 12

**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

**Failure mode.** incumbent-resistance-to-adoption  (family: incumbent-resistance-to-adoption)

**Topics.** economics

**Keywords.** incumbent-resistance, adoption, sharing-economy, market-acceptance

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3071378-011
- restates: https://wulfkaal.github.io/claims/2939127-029
- restated_by: https://wulfkaal.github.io/claims/3409548-017

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