# kaal:claim:2959730-034

**Claim.** Increased transparency from blockchain recordkeeping lowers fees by allowing a fund to expend fewer resources on auditing itself.

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

**Holds when.**

- funds whose holdings are recorded on a verifiable public ledger

**Source quote.**

> 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, page 16

**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.** compliance, disclosure

**Keywords.** auditing, transparency, cost-reduction, fees

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3409548-035

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