kaal:claim:2998033-025
Blockchain increases competitive pressure in the private investment fund industry because its decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure.
Source quote, verbatim
the structural characteristic of blockchain as a decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure.
From
Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), IV.2. Competitive Pressure, p. 23
https://ssrn.com/abstract=2998033 · source PDF
Cite as
Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033
Classification
mechanismsupport: argueddecentralization
Related claims
Verify
The quote above is an exact substring of the source PDF, whose sha256 is aafb1be3c25cd33da477d759df9ca2f856f0a8fe133d6396da2e75d0af573dbd. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/d9cc078863018d02...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2998033-025.md | sha256sum