# kaal:claim:3227933-013

**Claim.** Peer-to-peer transactions are possible because a distributed consensus model has network nodes verify, validate and audit transactions before and after execution, and this is often safer than routing transactions through a single trusted third-party intermediary.

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

**Source quote.**

> "Peer-to-peer" transactions are possible because the technology uses a "distributed consensus model" where the network "nodes" verify, validate and audit transactions before and after they are executed.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Why 'Blockchain' Will Disrupt Corporate Organizations* (2018), 3. Blockchain, page 10

**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.** consensus-and-security, blockchain, reputation

**Keywords.** consensus, peer-to-peer, blockchain, trust

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3227967-018
- extends: https://wulfkaal.github.io/claims/3071378-004
- restated_by: https://wulfkaal.github.io/claims/3373393-023
- restated_by: https://wulfkaal.github.io/claims/4021599-004
- restates: https://wulfkaal.github.io/claims/2959730-019

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.