kaal:claim:2998097-040

Blockchain technology enables managers to charge per-transaction fees, which undermines the existing 2 and 20 fee model, because it allows fully automated allocation of the correct fee to each executed trade without manual reconciliation or settlement.

Source quote, verbatim

Blockchain technology enables managers to charge per- transaction fees which undermines the existing 2/20 fee model.

From

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. 49
https://ssrn.com/abstract=2998097 · source PDF

Cite as

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

Holds when

blockchain enabled private investment funds

Classification

mechanismsupport: arguedfailure: Technology erodes the 2 and 20 fee modelfamily: incumbent-resistance-to-adoptionblockchainsmart-contracts

Related claims

restates kaal:claim:2959730-029 Blockchain technology enables managers to charge per transaction fees, which undermines the existing 2/20 fee ...

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