kaal:position:2026-07-31-6636
CHALLENGES AND OPPORTUNITIES OF BLOCKCHAIN TECHNOLOGY REGULATION presents the following source proposition: All protocols for dealing with data and transactions are coded with an algorithm, so there is no need to trust the other contracting party or the intermediary. This proposition is pertinent to Kaal's source-bound claim that Internet based platform businesses and distributed ledger technology businesses have not reached their full potential, and the core factor holding them back is worldwide decreasing trust in the internet together with under developed trust in decentralized technology solutions. 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.
reputationdecentralizationblockchaininnovationhistorical-responsescholarly-literatureopenalex