kaal:claim:3227933-016

Blockchain technology creates an independent and transparent platform for establishing truth and building trust, replacing intermediaries, bureaucracy and old procedures with what the authors call the four Cs of code, connectivity, crowd, and collaboration.

Source quote, verbatim

In short, blockchain technology creates an independent and transparent platform for establishing truth and building trust. Intermediaries, bureaucracy, and old-fashioned procedures are replaced by the "4 Cs" of code, connectivity, crowd, and collaboration.

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 3. Blockchain, p. 11
https://ssrn.com/abstract=3227933 · source PDF

Cite as

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

Classification

mechanismsupport: assertedreputationblockchain

Related claims

restated_by kaal:claim:3227967-020 Blockchain replaces intermediaries, bureaucracy and old fashioned procedures with the four Cs of code, connect...
extends kaal:claim:2939127-015 Intermediaries, lawyers among them, are replaced by code, connectivity, crowd, and collaboration.

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