# kaal:claim:3002908-007

**Claim.** Enforcement against the blockchain is unlikely to work because it is maintained and owned by a distributed group of anonymous users worldwide who would not likely recognize or comply with any legal authority.

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

**Source quote.**

> The blockchain is entirely maintained and owned by a distributed group of anonymous users located throughout the planet who would not likely recognize or comply with any legal authority.

**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.** noncompliant-anonymous-participants  (family: enforcement-gap)

**Topics.** compliance, decentralization, law-and-legal-systems

**Keywords.** enforcement, anonymity, decentralization, legal-authority

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