# kaal:claim:3227933-003

**Claim.** Centralized, hierarchical organizations fail on two fronts in a fast changing environment: they adapt too slowly to changing reality and they are losing public trust.

**Type.** failure  **Support.** asserted

**Holds when.**

- fast-changing reality

**Source quote.**

> Most obviously, such organizations are slow to adapt to a fast-changing reality and are losing public trust.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Why 'Blockchain' Will Disrupt Corporate Organizations* (2018), 1. Introduction, page 6

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

**Verify.** sha256 of source PDF `a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202018%20-%20Why%20%27Blockchain%27%20Will%20Disrupt%20Corporate%20Organizations.pdf

**Failure mode.** Adaptive lag of centralized hierarchy  (family: recentralization-drift)

**Topics.** reputation, institutional-design

**Keywords.** adaptation-failure, public-trust, hierarchy, incumbents

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