# Legal recognition

`kaal:entity:legal-recognition`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `legal-recognition`. 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 3 works, 2017 to 2020.

**2017**

- [2998033-008](https://wulfkaal.github.io/claims/2998033-008) [failure/argued] *(failure mode)* -- The absence of regulatory recognition of blockchain technology is itself a source of harm: it creates significant uncertainty, hinders cross industry implementation, and undermines infrastructure conversion via blockchain.
  > The lack of regulatory recognition of Blockchain technology creates significant uncertainty for the blockchain community. The lacking recognition hinders the implementation of the technology across industries and undermines the infrastructure conversion via blockchain technology.
  Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033
- [3002908-001](https://wulfkaal.github.io/claims/3002908-001) [failure/argued] *(failure mode)* -- The absence of regulatory recognition of blockchain technology is itself a source of harm: it creates significant uncertainty for the blockchain community and undermines the evolution of the crypto economy.
  > The lack of regulatory recognition of Blockchain technology creates significant uncertainty for the blockchain community and undermines the evolution of the crypto economy.
  Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908
- [3002908-008](https://wulfkaal.github.io/claims/3002908-008) [empirical/evidenced] *(failure mode)* -- As of publication, no American or European court had recognized blockchain technology or scrutinized its applications, leaving it unclear how courts will treat the technology.
  > American and European courts have not yet recognized blockchain technology or addressed its applications.. A review of published court opinions suggests that no court at the time of publication of this article had to review, assess, or scrutinize the uses and applications of blockchain technology.
  Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

**2020**

- [3652481-013](https://wulfkaal.github.io/claims/3652481-013) [failure/evidenced] *(failure mode)* -- If DAO members do not formalize a structure for their human created entity, courts are very likely to impose one on them, which is a serious risk of DAO membership.
  > However, a very serious risk is associated with DAO membership in the sense that if the DAO members do not formalize a structure for their human-created entity, courts are very likely to impose one for the members of the DAO.
  Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481

## 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-recognition.md | sha256sum

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