# kaal:claim:3071378-031

**Claim.** Because transacting parties judge transaction parameters and products on quality perceptions rather than on less rational and biased factors, quality becomes the true deciding factor in the marketplace, which eliminates prejudices.

**Type.** mechanism  **Support.** argued

**Holds when.**

- blockchain-enabled marketplaces where counterparty identity is not salient

**Source quote.**

> transaction parameters or products are judged by the transacting parties based on quality perceptions not based-on other less rational and biased factors. This allows quality of the transaction and/or final product to be the true deciding factor in the market place, eliminating prejudices.

**From.** Wulf A. Kaal, *Blockchain Technology and Race in Corporate America* (2017), IV.1 Blockchain-Enabled Trust as Anti-Discrimination, page 21

**Cite as.** Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378

**Verify.** sha256 of source PDF `125f01674d13b6bb0310c4be7a20ff538dccbc36ecf352770b3c580028387edd` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Blockchain%20Technology%20and%20Race%20in%20Corporate%20America.pdf

**Topics.** economics

**Keywords.** quality-signal, marketplace, prejudice-elimination, meritocracy

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