kaal:position:2026-07-31-6697

Блокчейн и институциональная сложность: постинституционализм vs. неоинституционализм presents the following source proposition: From the point of view of modern neo-institutional economics, blockchain is an institutional technology that minimizes transaction costs and leads to the elimination of intermediation. This proposition is pertinent to Kaal's source-bound claim that Blockchain technology lowers transaction costs by eliminating intermediaries, and it substitutes immutability and cryptography for the trust that intermediaries previously supplied. 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.

Affirmed commentary position. This record extends a source-bound scholarly claim but is not a verbatim paper claim.
Holds when
Current debate

Блокчейн и институциональная сложность: постинституционализм vs. неоинституционализм

Scholarly basis

kaal:claim:2998033-001
Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033
Source PDF sha256: aafb1be3c25cd33da477d759df9ca2f856f0a8fe133d6396da2e75d0af573dbd

Evidence and mapping

Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.3634
Mapping ambiguous: true

Topics

decentralizationeconomicsreputationconsensus-and-securitycitation-and-knowledgehistorical-responsescholarly-literatureopenalex

Provenance

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

Verify

Canonical markdown sha256: 02477e51d95aa4fd259393a9c783e5efd796b15fb8856f72c8d253bd71df9cb2
curl -s https://wulfkaal.github.io/positions/2026-07-31-6697.md | sha256sum