Extension: Decentralized Finance (DeFi) and Smart Contracts: Bridging the Gap in Global Financial Inclusion and Investment
Decentralized Finance (DeFi) and Smart Contracts: Bridging the Gap in Global Financial Inclusion and Investment presents the following source proposition: These self-executing contracts eliminate the need for middlemen by autonomously enforcing specified terms. This proposition is pertinent to Kaal's source-bound claim that Smart contracts, as self executing contracts with terms written directly into code, remove the need for intermediaries, which lowers costs and raises trust among participants. 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.
smart-contractsdecentralizationeconomicsblockchainhistorical-responsescholarly-literaturesemantic-scholar