kaal:position:2026-07-31-5718
Blockchain and sovereignty: opportunities and limitations of operational autonomy should be assessed against Kaal's source-bound position that Increased liability is no panacea and cannot alone adequately address the central shortcomings of the duty of oversight and of corporate governance in the United States, because heightened liability does not give part-time outside directors the capacity to monitor complex corporations. The external source's verified abstract presents this proposition: Since its inception, blockchain has been presented as a technology capable of transforming the exercise of sovereignty by enabling individuals and collectivities to coordinate crucial aspects of their lives with reduced dependence on centralized intermediaries. The defensible response is a qualification: the source is pertinent to the Kaal position, but agreement, extension, contradiction, and scope should not be strengthened beyond the retrieved evidence.
law-and-legal-systemscorporate-governancegovernance-designhistorical-responsescholarly-literature