kaal:claim:2959730-031

Manual per transaction fee calculation and settlement is prone to human error, and these errors are removed through the use of blockchain technology.

Source quote, verbatim

While normally the use of this type of fee is prone to human errors that occur during manual calculation or settlement, these errors are removed through the use of blockchain technology

From

Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), VI. Blockchain-Enabled Pressure on Fee Structure, p. 15
https://ssrn.com/abstract=2959730 · source PDF

Cite as

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

Holds when

fee calculation and settlement performed manually

Classification

failuresupport: arguedfailure: Human error in manual fee calculationfamily: data-quality-and-comparabilityinstitutional-design

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