kaal:claim:3373393-026

Agency relationships embedded in smart contracts run exactly as coded, without any possibility of opportunistic behavior by the agent, and all contractual terms are public and fully transparent.

A later claim in the corpus revises this one. Prefer quoting kaal:claim:3441904-028.

Source quote, verbatim

Agency relationships in smart contracts run exactly as coded without any possibility of opportunistic behavior of the agent. All contractual terms are public and fully transparent.

From

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), III.1 Blockchain Guarantees, p. 16
https://ssrn.com/abstract=3373393 · source PDF

Cite as

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

Holds when

simple agency relationships; the author later qualifies this for complex relationships

Classification

mechanismsupport: assertedsmart-contractsdisclosure

Related claims

contested_by kaal:claim:3405401-017 Smart contracts leave counterparty information asymmetries unresolved: the tenant of a smart property cannot f...
generalizes kaal:claim:4685567-033 The smart contracts underlying the impact certificate marketplace prohibit and make technically impossible the...

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/a28f84d2364a77da...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3373393-026.md | sha256sum