kaal:position:2026-07-31-6552
Blockchain in Contemporary Private Law presents the following source proposition: The author lists the main characteristics of blockchain, as an incremental, immutable, and reliable chain of blocks, and its potential to reconfigure private relationships. This proposition is pertinent to Kaal's source-bound claim that Supervisory tasks traditionally performed by principals to control their agents can be delegated to decentralized computer networks that are reliable, secure, immutable, and independent of fallible human input and discretionary human goodwill. 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.
blockchaincompliancegovernance-designdecentralizationcorporate-governancehistorical-responsescholarly-literatureopenalex