# kaal:claim:2959730-029

**Claim.** Blockchain technology enables managers to charge per transaction fees, which undermines the existing 2/20 fee model, because it facilitates seamless and efficient calculation of management fees per transaction.

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

**Holds when.**

- managers operating fee calculation and settlement on a blockchain

**Source quote.**

> Blockchain technology enables managers to charge per- transaction fees which undermines the existing 2/20 fee model. Blockchain technology facilitates a seamless and efficient calculation of management fees per transaction.

**From.** Wulf A. Kaal, *Blockchain Applications and Fee Structure Developments in Private Investment Funds* (2017), VI. Blockchain-Enabled Pressure on Fee Structure, page 15

**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.** blockchain

**Keywords.** per-transaction-fees, fee-structure, blockchain, automation

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-040

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