# kaal:claim:2959730-017

**Claim.** Blockchain removes fraudulent transactions primarily through completely decentralized network connectivity via the Internet, rather than through digital signatures alone, which only establish the identity and authenticity of the parties.

**Type.** mechanism  **Support.** argued

**Holds when.**

- decentralized peer to peer networks with Internet connectivity

**Source quote.**

> While blockchain's use of digital signatures helps establish the identity and authenticity of the parties involved in the transaction, it is the completely decentralized network connectivity via the Internet that allows the most protection against fraud.

**From.** Wulf A. Kaal, *Blockchain Applications and Fee Structure Developments in Private Investment Funds* (2017), IV. Blockchain Technology, page 10

**Cite as.** Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730

**Verify.** sha256 of source PDF `ebd86972d8817b0c1c80326ae5564476983cedba3f258ff3b2610f156b93fb50` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Blockchain%20Applications%20and%20Fee%20Structure%20Developments%20in%20Private%20Investment%20Funds.pdf

**Topics.** decentralization, consensus-and-security

**Keywords.** fraud-prevention, decentralization, digital-signatures, network-security

**Related claims.**

- restates: https://wulfkaal.github.io/claims/2939127-016
- extended_by: https://wulfkaal.github.io/claims/3373393-022

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.