kaal:claim:2959730-034

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_by kaal:claim:3409548-035 Recording every fund transaction together with its associated documentation on a blockchain cuts the significa...

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