kaal:claim:3071378-032

Eliminating bias-driven inefficiencies removes the associated diseconomies of scale and waste, estimated at around one trillion dollars annually in the existing centralized business infrastructure.

Source quote, verbatim

eliminates bias-driven inefficiencies in the market economy and the associated diseconomies of scale and waste, which have been estimated at around $1 trillion dollars annually in the existing centralized business infrastructure.103

From

Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017), IV.1 Blockchain-Enabled Trust as Anti-Discrimination, p. 21
https://ssrn.com/abstract=3071378 · source PDF

Cite as

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

Holds when

existing centralized business infrastructure

Classification

empiricalsupport: arguedeconomics

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