# kaal:claim:3782198-027

**Claim.** Contrary to the common engineering view that automated processes remove regulation, the purpose of smart contracts is to deliver much more fine grained regulation and more control, not less.

**Type.** normative  **Support.** argued

**Holds when.**

- applies to smart contract mediated business relations such as AI enabled IoT supply chains

**Source quote.**

> In fact, the purpose of smart contracts is to give much more fine-grained regulation, more control, not less.

**From.** Craig Calcaterra, Wulf A. Kaal, *Contemporary Decentralization* (2021), Web>, page 23

**Cite as.** Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

**Verify.** sha256 of source PDF `e7e1378e3eed06cace6534e7792a7307d607d18bc6beb4ac45896476280728e4` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20and%20Kaal%20-%202021%20-%20Contemporary%20Decentralization.pdf

**Topics.** smart-contracts

**Keywords.** smart-contracts, regulation, control, automation

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