# Flexibility `kaal:entity:flexibility` **Status.** derived This node is assembled mechanically from the 7 claims that carry the concept tag `flexibility`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself. ## Every claim under this term 7 claims across 4 works, 2017 to 2025. **2017** - [2834531-039](https://wulfkaal.github.io/claims/2834531-039) [design/argued] -- A principle based approach gives regulators greater openness and flexibility and prevents innovative technologies and the companies developing them from becoming bogged down in the regulatory thicket produced by a rule focused approach. > a principle–based approach facilitates a greater degree of openness and flexibility on the part of regulators, and prevents innovative technologies (and the companies that have developed them) from becoming bogged down in the regulatory thicket that often results from a rule–focused approach. Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531 **2019** - [3405401-009](https://wulfkaal.github.io/claims/3405401-009) [failure/argued] *(failure mode)* -- Despite their benefits, smart contracts are subject to significant limitations because human business interactions require a flexibility that is at odds with the merciless mathematical logic of smart contracts. > Despite the significant benefits of smart contracting for business and society, smart contracts are subject to significant limitations. Human business interactions require a flexibility that is at odds with merciless mathematical logic of smart contracts. Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401 - [3405401-012](https://wulfkaal.github.io/claims/3405401-012) [failure/argued] *(failure mode)* -- Human business interaction typically requires the possibility that each party may fulfill only a portion of an intended collaboration, a partial performance option that mathematically rigid smart contracts do not accommodate. > Human business interaction also typically requires the possibility that each party may fulfill only a portion of any intended collaboration. Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401 - [3405401-013](https://wulfkaal.github.io/claims/3405401-013) [condition/argued] -- The flexibility that human business requires will unlikely ever be attained in existing decentralized protocols unless a decentralized verification system is built into decentralized commerce. > flexibility in existing decentralized protocols will unlikely ever be attained unless a decentralized verification system is built into decentralized commerce. Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401 - [3405401-029](https://wulfkaal.github.io/claims/3405401-029) [mechanism/argued] -- Decentralized reputation verification systems enable mathematically rigid smart contracts to become more adjustable to the needs of business, with reputation verification serving as the backstop for smart contracting. > Decentralized reputation verification systems enable mathematically rigid smart contracts to become more adjustable for the needs of business. Reputation verification becomes the backstop for smart contracting. Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401 **2021** - [3962614-041](https://wulfkaal.github.io/claims/3962614-041) [mechanism/argued] -- Removing capital as a necessity for deal participation creates a very high level of flexibility for DAO investment club members, allowing them to invest without ever being forced to invest, and making capital calls entirely unnecessary. > The removal of capital as a necessity for deal participation creates a very high level of flexibility for DAOIC members. It allows the DAOIC members to invest if they so choose but it does not force them to invest, under any conditions. Capital calls are entirely unnecessary. Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614 **2025** - [5554218-024](https://wulfkaal.github.io/claims/5554218-024) [failure/argued] *(failure mode)* -- The deterministic execution of smart contracts rigidly enforces coded terms and thereby incentivizes participants to exploit loopholes for immediate gain, because no mechanism exists to adapt the rules contextually. > Conversely, smart contracts' deterministic execution rigidly enforces coded terms, incentivizing participants to exploit loopholes for immediate gain, as there is no mechanism to adapt rules contextually. 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 ## Verify Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust. curl -s https://wulfkaal.github.io/entities/flexibility.md | sha256sum **Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.