kaal:claim:2998097-039

Blockchain's structural characteristic as a decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure, so private funds that adopt it first directly accelerate that disintermediation.

First and foremost, the structural characteristic of blockchain as a decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure. Private investment

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), VI. Blockchain Technology Applications for Private Investment Funds, p. 48
https://ssrn.com/abstract=2998097 · source PDF

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

• private investment funds adopting blockchain infrastructure

mechanismsupport: arguedblockchaindecentralization

• restated_by kaal:claim:3409548-039 The structural characteristic of blockchain as a decentralized model for financial transactions disintermediat...
• extends kaal:claim:2998033-025 Blockchain increases competitive pressure in the private investment fund industry because its decentralized mo...
• restated_by kaal:claim:3002908-023 Private investment funds that are first movers in implementing blockchain infrastructure in finance directly c...

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