kaal:position:2026-07-31-6830

Smart Contracts: Reducing Risks in Economic Exchange with No-Party Trust? presents the following source proposition: Considering that trust reduces risks in economic exchange, we explain how the particular trust mechanism underlying smart contracts’ enforcement (no-party trust) provides opportunities for creating new markets and changing existing ones. This proposition is pertinent to Kaal's source-bound claim that Embedding choice-of-law protocols directly within smart contracts gives clarity on the governing law and reduces the risk of conflicting interpretations across jurisdictions. 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: 0.3761.
• The source-to-claim mapping remains explicitly ambiguous and is published with that limitation.

Smart Contracts: Reducing Risks in Economic Exchange with No-Party Trust?

kaal:claim:5554218-035
Furrer Andreas, Wulf A. Kaal, Universal Digital Law Codex (UDLC) Building the Legal Infrastructure for the Digital Era (2025). SSRN: https://ssrn.com/abstract=5554218
Source PDF sha256: 55738b4035a91b70aa2ddaa127552fe4b373ec641afee2719fbdcabebdcbea44

Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.3761
Mapping ambiguous: true

law-and-legal-systemssmart-contractshistorical-responsescholarly-literaturesemantic-scholar

Affirmed in kaal-review:2026-07-31:streaming-etl-0006 on 2026-07-31. Review record.

Canonical markdown sha256: e028468e469f0875fd492743f31e010ad63ca0539d711db68c673d6ea321587d
curl -s https://wulfkaal.github.io/positions/2026-07-31-6830.md | sha256sum