kaal:position:2026-07-31-7016
Decentralized Finance (DeFi) and Smart Contracts: Bridging the Gap in Global Financial Inclusion and Investment presents the following source proposition: Key components of blockchain technology, DeFi represent a revolutionary advance in digital contracts and automated trades, and they are integrated into decentralized networks such as Ethereum. This proposition is pertinent to Kaal's source-bound claim that A fund constituted purely through smart contracts on the Ethereum blockchain may have no domicile, foreign or domestic, which makes jurisdiction over blockchain transactions a genuine problem for the funds that use the technology. 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.
law-and-legal-systemssmart-contractshistorical-responsescholarly-literaturesemantic-scholar