# kaal:claim:3405401-003

**Claim.** Smart contracts make decentralized commerce between anonymous parties possible because they provide automated contracting that self executes and self regulates according to mathematical strictures.

**Type.** mechanism  **Support.** asserted

**Holds when.**

- parties are anonymous
- transaction occurs in a decentralized environment

**Source quote.**

> Smart contracts allow anonymous parties to engage in decentralized commerce by providing automated contracting that self-executes and self-regulates according to mathematical strictures.

**From.** Wulf A. Kaal, *Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed* (2019), I. Introduction, page 3

**Cite as.** Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401

**Verify.** sha256 of source PDF `bc2d6f0ddc0852fb4085c4543c7c1dec19aaf8745eb67e3acc637e552bd7fb7d` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Decentralized%20Commerce%20%E2%80%93%20A%20Primer%20on%20Why%20Decentralized%20Reputation%20Verification%20Systems%20Are%20Needed.pdf

**Topics.** smart-contracts, decentralization

**Keywords.** smart-contracts, decentralized-commerce, automation, anonymity

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3406323-030

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