kaal:claim:3441904-007

Traditional limited liability entities can only partially benefit from blockchain based governance, because the dynamic regulatory features it offers are partially incompatible with the rule based legal environment those entities must comply with.

Source quote, verbatim

Blockchain-based corporate governance offers dynamic regulatory features that are partially incompatible with the rule-based traditional legal environment that traditional limited liability entities are required to comply with.

From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), II. Business Organization Revisited, p. 8
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when

traditional centralized limited liability entities
existing rule based legal environment

Classification

failuresupport: arguedfailure: rule-based-incompatibilityfamily: interoperability-and-fragmentationdynamic-regulationlaw-and-legal-systemsblockchain

Verify

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