kaal:position:2026-07-31-6187
The Taxonomy of Blockchain-based Technology in the Financial Industry presents the following source proposition: Decentralization improves business processes and spurs product innovation through increased transparency and removing intermediaries. This proposition is pertinent to Kaal's source-bound claim that Business, administrative, and legal processes that depend on legal intermediaries may become redundant as blockchain technology advances and is accepted, with ledger keeping services such as notary and registry services, motions practice, and title companies among the first to disappear. 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.
decentralizationlaw-and-legal-systemsblockchainhistorical-responsescholarly-literatureopenalex