# kaal:claim:3002908-003

**Claim.** Regulatory uncertainty in this transitional era actively frustrates blockchain innovation rather than supplying the secure framework in which blockchain applications could flourish.

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

**Holds when.**

- holds during the transitional period in which a new foundational technology is spreading and its outcomes remain uncertain

**Source quote.**

> This uncertainty frustrates blockchain innovation instead of providing a secured framework where revolutionary blockchain applications can flourish.

**From.** Wulf A. Kaal, Marco Dell'Erba, *Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and* (2017), III. Regulatory Recognition of Blockchain Technology, page 12

**Cite as.** Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

**Verify.** sha256 of source PDF `06a7b61e75f905ee07e422e875d83a65c5033a248a6e05a213523b034e5db534` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Dell%27Erba%20-%202017%20-%20Blockchain%20Innovation%20in%20Private%20Investment%20Funds%20-%20A%20Comparative%20Analysis%20of%20the%20United%20States%20and.pdf

**Failure mode.** innovation-chilling-uncertainty  (family: innovation-chilling)

**Topics.** innovation, blockchain

**Keywords.** regulatory-uncertainty, innovation, blockchain, financial-regulation

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3411110-022

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