# kaal:claim:2998033-019

**Claim.** Recording all fund transactions in the public blockchain lets an adviser demonstrate compliance with its best execution obligations and locate and audit past trades, converting a compliance burden into an automatic byproduct of trading.

**Type.** mechanism  **Support.** evidenced

**Holds when.**

- illustrated by LendingRobot's blockchain secured automated hedge fund

**Source quote.**

> Moreover, by recording all transactions in the public blockchain, LendingRobot is able to comply with its best execution obligations as well as locate and audit past trades.

**From.** Wulf A. Kaal, *Blockchain Innovation for Private Investment Funds* (2017), III.1. Administrative Process & Compliance Optimization, page 19

**Cite as.** Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

**Verify.** sha256 of source PDF `aafb1be3c25cd33da477d759df9ca2f856f0a8fe133d6396da2e75d0af573dbd` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Blockchain%20Innovation%20for%20Private%20Investment%20Funds.pdf

**Topics.** compliance, defi

**Keywords.** best-execution, compliance, audit-trail, lendingrobot, recordkeeping

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/3409548-036

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