kaal:position:2026-07-31-6604
Effective Targeted Testing of Smart Contracts presents the following source proposition: They were first introduced by Ethereum in 2014 and have since been used for various applications such as security tokens, voting, gambling, non-fungible tokens, self-sovereign identities, stock taking, decentralized finances, decentralized exchanges, and atomic swaps. This proposition is pertinent to Kaal's source-bound claim that Rigid code is law smart contracts over fungible currency are built to guarantee irreversible, unreviewable, self executing outcomes, which is a poor match for business because business ventures very rarely proceed exactly as imagined at the outset. 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.
smart-contractscompliancesystemic-risklaw-and-legal-systemshistorical-responsescholarly-literatureopenalex