kaal:claim:2998033-033

Per transaction fee models were previously impractical because settlement and calculation created a prohibitive amount of manual work; blockchain removes that barrier by automatically allocating the correct fee to the correct executed trade and client account without manual reconciliation.

Source quote, verbatim

It enables the fully automated allocation of the appropriate fee to the correct executed trade and associated client account without any manual reconciliation or settlement.

From

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), IV.3.b) Per-Transaction Fees, p. 27
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: arguedeconomics

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