# kaal:claim:3227933-025

**Claim.** Against the view that blockchain is merely hype, the authors argue that the widespread proliferation of blockchain initiatives, and in particular the fact that so many old world organizations are exploring blockchain and smart contract uses, indicates that adoption is near a tipping point.

**Type.** empirical  **Support.** evidenced

**Source quote.**

> The fact that so many "old world" organizations are exploring possible uses of blockchains and smart contracts suggests that it not all hype.

**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

**Topics.** institutional-design

**Keywords.** hype-debate, adoption, tipping-point, incumbents

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