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

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