kaal:position:2026-07-31-7072

MOATcoin: exploring challenges and legal implications of smart contracts through a gamelike DApp experiment presents the following source proposition: Finally, we offer taxonomical remarks on the concepts of "token" and "coin" and offer an insight from a regulatory perspective. This proposition is pertinent to Kaal's source-bound claim that There is great regulatory uncertainty around blockchain and smart contracts, especially in financial services, and legal frameworks globally will have to change to adapt to the growing use of 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.

• 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: 0.3532.
• The source-to-claim mapping remains explicitly ambiguous and is published with that limitation.

MOATcoin: exploring challenges and legal implications of smart contracts through a gamelike DApp experiment

kaal:claim:3227933-024
Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933
Source PDF sha256: a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108

Evidence: abstract indexed
Review tier: moderate-confidence claim review
Mapping confidence: 0.3532
Mapping ambiguous: true

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

Affirmed in kaal-review:2026-07-31:streaming-etl-0007 on 2026-07-31. Review record.

Canonical markdown sha256: 0051e546ff357e1d2d98d5ca13bc5c40ab422e2899de2aa3ccba4d47c3eefc6d
curl -s https://wulfkaal.github.io/positions/2026-07-31-7072.md | sha256sum