# kaal:claim:3227933-022

**Claim.** The claim that blockchain is secure by design cannot yet be relied on, because the technology has not been adopted widely enough to be severely tested, and hacking attacks on digital currencies underscore the concern.

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

**Holds when.**

- current state of adoption

**Source quote.**

> Another important challenge is cybersecurity; supporters of blockchain claim that it is secure by design, but the technology hasn't been adopted widely enough yet for it to be severely tested.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Why 'Blockchain' Will Disrupt Corporate Organizations* (2018), 5. All Just Hype?, page 13

**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.** Untested security-by-design claim  (family: consensus-and-protocol-attack)

**Topics.** consensus-and-security

**Keywords.** cybersecurity, secure-by-design, adoption, testing

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