# kaal:claim:3227933-006

**Claim.** A platform creates value not by producing goods itself but by facilitating exchanges between two distinct but interdependent groups, and it then captures profit for its owner-shareholders from the interactions it mediates.

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

**Holds when.**

- platform business models

**Source quote.**

> the platform creates value by facilitating exchanges between two different but interdependent groups

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Why 'Blockchain' Will Disrupt Corporate Organizations* (2018), 2. Platforms, page 7

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

**Verify.** sha256 of source PDF `a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202018%20-%20Why%20%27Blockchain%27%20Will%20Disrupt%20Corporate%20Organizations.pdf

**Topics.** institutional-design

**Keywords.** platforms, value-creation, intermediation, business-model

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