# kaal:claim:2998033-038

**Claim.** The predominant uses of blockchain technology in the private investment fund industry originate in holding crypto assets of various kinds, which indicates that the technology plays its primary role in front office and investment functions rather than in back office administration.

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

**Holds when.**

- based on word cluster coding of fund marketing materials for n=74 funds

**Source quote.**

> Figures 7 and 8 suggest that the private investment funds industry's predominant uses of blockchain technology originate in holding crypto assets of different kinds. This would suggest that blockchain technology plays a primary role in front office and investment functions.

**From.** Wulf A. Kaal, *Blockchain Innovation for Private Investment Funds* (2017), V.2. Predominant Uses of Blockchain Technology, page 35

**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.** empirical-evidence

**Keywords.** front-office, crypto-assets, word-clusters, empirical-findings, use-cases

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.
