kaal:position:2026-07-31-6614

Smart Contracts in Banking and Financial Services: A Qualitative Review of Applications, Risks, and Regulatory Perspectives presents the following source proposition: Blockchain and smart contracts are bringing a technological transformation to banking and financial service industry. This proposition is pertinent to Kaal's source-bound claim that There is great regulatory uncertainty around blockchain and smart contracts, especially in financial services, and legal frameworks globally will have to change to adapt to the growing use of the technology. 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.

• The response is limited to the retrieved source proposition and mapped Kaal claim unless fuller source review supports a broader conclusion.
• External evidence level: abstract indexed.
• Mapping review tier: moderate-confidence claim review.
• Primary mapping confidence: 0.3736.
• The source-to-claim mapping remains explicitly ambiguous and is published with that limitation.

Smart Contracts in Banking and Financial Services: A Qualitative Review of Applications, Risks, and Regulatory Perspectives

kaal:claim:3227933-024
Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933
Source PDF sha256: a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108

Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.3736
Mapping ambiguous: true

law-and-legal-systemssmart-contractshistorical-responsescholarly-literatureopenalex

Affirmed in kaal-review:2026-07-31:streaming-etl-0005 on 2026-07-31. Review record.

Canonical markdown sha256: 85204dc31a1f46b6a999cade2a80d7ef42ea070c611f328de8c4c72a0309e290
curl -s https://wulfkaal.github.io/positions/2026-07-31-6614.md | sha256sum