# kaal:claim:3227967-018

**Claim.** Because blockchain network nodes verify, validate and audit transactions both before and after execution, the model is safer than a traditional one in which transactions can only be accomplished through third party intermediaries such as a bank, judiciary or notary.

**Type.** mechanism  **Support.** argued

**Holds when.**

- peer to peer networks using a distributed consensus model

**Source quote.**

> verify, validate and audit transactions before and after they are executed. 49 This is safer than a traditional model in which transactions can only be accomplished through third-party intermediaries, such as a bank, judiciary or notary.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Legal Education in a Digital Age Why 'Coding for Lawyers' Matters* (2018), VI. Blockchain, page 23

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967

**Verify.** sha256 of source PDF `f6e13b956f864ab32ec3305d095a35a127770327d75b3688f785cefc437d369f` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202018%20-%20Legal%20Education%20in%20a%20Digital%20Age%20Why%20%27Coding%20for%20Lawyers%27%20Matters.pdf

**Topics.** blockchain, consensus-and-security, decentralization, reputation

**Keywords.** blockchain, distributed-consensus, disintermediation, trust

**Related claims.**

- restates: https://wulfkaal.github.io/claims/3227933-013
- extends: https://wulfkaal.github.io/claims/2959730-019
- restated_by: https://wulfkaal.github.io/claims/4021599-004
- extends: https://wulfkaal.github.io/claims/3071378-004
- restates: https://wulfkaal.github.io/claims/2939127-017
- extended_by: https://wulfkaal.github.io/claims/3373393-023
- extends: https://wulfkaal.github.io/claims/3002908-015

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