kaal:position:2026-07-31-6183
From Disruption To Design: Regulating Financial Intermediation In The Digital Age presents the following source proposition: It analyses how emerging technologies—such as artificial intelligence, blockchain, smart contracts, and decentralized autonomous organizations (DAOs)—are reshaping the architecture of financial markets, altering the allocation of risk, trust, and accountability. This proposition is pertinent to Kaal's source-bound claim that A decentralized autonomous organization is merely computer code with no directors, managers or employees, its governance structure built with software, code and smart contracts running on a public decentralized blockchain platform. The proposed response is a qualification: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
daosmart-contractsblockchaingovernance-designcorporate-governancehistorical-responsescholarly-literatureopenalex