kaal:position:2026-07-31-6064
THE APPLICABLE LAW TO BLOCKCHAIN presents the following source proposition: At the same time, the decentralized and cross-border nature of blockchain poses challenges to traditional rules of private international law (PIL). This proposition is pertinent to Kaal's source-bound claim that Because the blockchain is a distributed ledger existing simultaneously across all nodes, physical space is effectively eliminated within the network, and a triggered smart contract executes its code across the entire network instantaneously without regard to where wallets or keys are located. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
decentralizationblockchainsmart-contractshistorical-responsescholarly-literatureopenalex