# kaal:claim:2998033-036

**Claim.** Private fund adoption of blockchain began in 2012, coinciding with the broader public debate over blockchain solutions, and took the form of managers setting up separate new fund entities that used the technology.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- based on the study's time series of fund inception versus blockchain use inception dates

**Source quote.**

> In 2012, coinciding with the more public debate of blockchain based solutions, private investment fund managers started to get involved in the technology by setting up separate and new fund entities that utilized the technology in various forms.

**From.** Wulf A. Kaal, *Blockchain Innovation for Private Investment Funds* (2017), V.1. Descriptive Statistics, page 30

**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.** blockchain, empirical-evidence

**Keywords.** adoption-timeline, fund-formation, blockchain-inception, empirical-findings

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/3409548-011

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