kaal:position:2026-07-31-6829
Smart Contracts: Reducing Risks in Economic Exchange with No-Party Trust? presents the following source proposition: We lay the foundations by characterising contract enforcement and trust mechanisms underlying contracts. This proposition is pertinent to Kaal's source-bound claim that A pure code is law smart contract between anonymous parties creates a zero sum scenario in which each party is incentivized to deliver only the minimum that satisfies the rigid self executing terms, so this type of business ultimately degenerates. 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
Smart Contracts: Reducing Risks in Economic Exchange with No-Party Trust?
Scholarly basis
kaal:claim:3266953-015
Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018). SSRN: https://ssrn.com/abstract=3266953
Source PDF sha256: 781758dea356e55d79c73ad7f1debe7c83de398bd1cd9e0a9a6c2802f276b4c0
Evidence and mapping
Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.5291
Mapping ambiguous: true
Topics
smart-contractshistorical-responsescholarly-literaturesemantic-scholar
Provenance
Affirmed in kaal-review:2026-07-31:streaming-etl-0006 on 2026-07-31. Review record.
Verify
Canonical markdown sha256: 55fbb580874ef289cec1ba44f8964c2b7b6345ed3d149f8a9a0bb6a482a32a4e
curl -s https://wulfkaal.github.io/positions/2026-07-31-6829.md | sha256sum