kaal:claim:5554218-023

The absence of accountability mechanisms in anonymous, automated smart contracts encourages a take the money and run mentality, which makes a historical record of conduct and incentives for ethical behavior necessary.

Source quote, verbatim

We argue that the absence of accountability mechanisms in anonymous, automated smart contracts encourages a "take the money and run" mentality, necessitating a historical record of conduct and incentives for ethical behavior.

From

Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025), 5.1 Automation in Code is Law, p. 31
https://ssrn.com/abstract=5554218 · source PDF

Cite as

Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025). SSRN: https://ssrn.com/abstract=5554218

Holds when

anonymous participants
absence of any external legal or reputational sanction

Classification

failuresupport: arguedfailure: Take the money and runfamily: fraud-and-misconductreputationdecentralizationgovernance-design

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Attestation record: colloquium/attestations/5cdcfc53685df185...json
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