# kaal:claim:4900880-040

**Claim.** Decentralized finance and participatory governance models create their own problems, specifically unresolved regulatory frameworks and ethical considerations, so decentralization is not a costless substitute for existing institutional arrangements.

**Type.** failure  **Support.** asserted

**Source quote.**

> The rise of decentralized finance and participatory governance models also presents challenges in terms of regulatory frameworks and ethical considerations.

**From.** Wulf A. Kaal, *Quantum Economy and the Future of Work* (2024), 4.3 Organizational and Social Dimensions, page 64

**Cite as.** Wulf A. Kaal, Quantum Economy and the Future of Work (2024). SSRN: https://ssrn.com/abstract=4900880

**Verify.** sha256 of source PDF `64ea6e8b7cfb3d9a83801eba54f9b87182b842a963273ddab7f2d5305639db73` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202024%20-%20Quantum%20Economy%20and%20the%20Future%20of%20Work.pdf

**Failure mode.** unresolved-defi-regulation  (family: regulatory-lag)

**Topics.** defi, governance-design

**Keywords.** defi, regulation, participatory-governance, ethics, accountability

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