{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3405401-017",
 "identifier": "kaal:claim:3405401-017",
 "text": "Smart contracts leave counterparty information asymmetries unresolved: the tenant of a smart property cannot fully know whether the landlord is providing a worthy property, and the landlord cannot know in advance how likely the tenant is to destroy the premises.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
 "citation": "Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed",
  "datePublished": "2019",
  "url": "https://ssrn.com/abstract=3405401",
  "sha256": "bc2d6f0ddc0852fb4085c4543c7c1dec19aaf8745eb67e3acc637e552bd7fb7d",
  "encoding": "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"
 },
 "keywords": [
  "disclosure",
  "reputation",
  "risk-and-incentives"
 ],
 "about": [
  "information-asymmetry",
  "smart-property",
  "trust",
  "counterparty-risk"
 ],
 "abstract": "In our example above, the tenant of the smart property cannot fully know if the landlord is providing a worthy property. In turn, the landlord cannot know in advance how likely the tenant will destroy the premises.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "failure"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "smart property rental scenario"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": true
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/89567f09bdcab087d3df8132b232643c280023d5d78def1872b2e55efd095c58.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "contests",
     "to": "https://wulfkaal.github.io/claims/3373393-026",
     "to_id": "kaal:claim:3373393-026",
     "similarity": 0.326
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "89567f09bdcab087d3df8132b232643c280023d5d78def1872b2e55efd095c58",
 "canonicalForm": "https://wulfkaal.github.io/claims/3405401-017.md"
}