# Legal framework

`kaal:entity:legal-framework`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `legal-framework`. 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

4 claims across 4 works, 2017 to 2025.

**2017**

- [3071378-008](https://wulfkaal.github.io/claims/3071378-008) [failure/argued] *(failure mode)* -- The lack of maturity of blockchain technology has slowed its integration into the corporate world, and the absence of a legal framework leaves the whole industry operating in a grey area of the law, which introduces uncertainty and a new level of volatility.
  > The lack of maturity has slowed the progression of integration into the corporate world. There is still a lack of legal framework for the industry to work with, which causes uncertainty. Without knowing which laws apply, the whole industry is operating in a grey area of the law.
  Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378

**2019**

- [3411897-030](https://wulfkaal.github.io/claims/3411897-030) [failure/asserted] *(failure mode)* -- Most legacy insurance companies will not consider underwriting a smart contract that is not subject to the traditional legal framework, which leaves sophisticated smart contracts without the insurance they require.
  > Most sophisticated smart contracts will require a form of insurance/underwriting to offset the risks of possible failure. Most legacy insurance companies will not consider underwriting a smart contract that is not subject to the traditional legal framework.
  Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

**2021**

- [3936876-042](https://wulfkaal.github.io/claims/3936876-042) [mechanism/argued] -- Legacy customer expectations of custodial solutions are what force continuous experimentation with digital asset custody within the existing and evolving legal framework, rather than a clean move to non custodial models.
  > However, the expectations of legacy customers involve typically custodial solutions which may mandate continuous experimentation with digital asset custody solutions within the existing legal framework and the evolving legal legacy framework for digital asset custody solutions.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

**2025**

- [5886342-001](https://wulfkaal.github.io/claims/5886342-001) [design/asserted] -- The Universal Digital Law Codex is proposed as a neutral legal framework for digital interactions, assets, contracts, dispute resolution and governance that is built to adapt to technological change rather than be rewritten after each technological shift.
  > The Universal Digital Law Codex (UDLC) is a pioneering legal initiative that aims to create a neutral legal frame- work for digital interactions, assets, contracts, dispute resolution and governance, which can adapt to technological changes.
  Furrer Andreas, Wulf A. Kaal, Stephan D. Meyer, Universal Digital Law Codex (UDLC) (2025). SSRN: https://ssrn.com/abstract=5886342

## 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/legal-framework.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.