kaal:position:2026-07-31-6968
NormaChain: A Blockchain-Based Normalized Autonomous Transaction Settlement System for IoT-Based E-Commerce presents the following source proposition: As blockchain is an innovative technology that is competent in governing the decentralized network, we adopt it to design the autonomous transaction management system on IoT E-commerce. This proposition is pertinent to Kaal's source-bound claim that Centralized coordination of behavior for the common good risks undermining individual effort, whereas blockchain technology's autonomous and anonymous decentralized coordination of individual action can deliver common good outcomes without suppressing individualism and its welfare enhancing effects. 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.
decentralizationinstitutional-designblockchainhistorical-responsescholarly-literaturesemantic-scholar