# kaal:claim:2998033-025

**Claim.** Blockchain increases competitive pressure in the private investment fund industry because its decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure.

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

**Source quote.**

> 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, page 23

**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.** decentralization

**Keywords.** competitive-pressure, disintermediation, financial-infrastructure, decentralization

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/2998097-039
- extended_by: https://wulfkaal.github.io/claims/3409548-039
- extended_by: https://wulfkaal.github.io/claims/3002908-023

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