kaal:claim:3227933-039

Decentralized organization has not yet displaced the centralized world: traditional incumbents still enjoy enormous market power, and the success of more decentralized systems still depends on the goodwill of the parties involved.

Source quote, verbatim
Traditional incumbents still enjoy enormous market power and the "success" of more decentralized systems and organizations currently still depends on the goodwill of the parties involved.
From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 9. Conclusion, p. 19
https://ssrn.com/abstract=3227933 · source PDF

Cite as

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

Holds when
Classification

failuresupport: arguedfailure: Goodwill dependence of decentralized systemsfamily: incumbent-resistance-to-adoptiondecentralizationeconomics

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