Increased transparency from blockchain recordkeeping lowers fees by allowing a fund to expend fewer resources on auditing itself.
Source quote, verbatim
Other factors that help keep the fee low include the increased transparency that allows LendingRobot to expense fewer resources on auditing the fund.
From
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), VI. Blockchain-Enabled Pressure on Fee Structure, p. 16 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
funds whose holdings are recorded on a verifiable public ledger
Classification
mechanismsupport: arguedcompliancedisclosure
Related claims
restated_bykaal:claim:3409548-035 Recording every fund transaction together with its associated documentation on a blockchain cuts the significa...
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