# kaal:claim:3373393-001

**Claim.** As a foundational technology, blockchain technology builds the infrastructure for decentralized networked governance, which over time creates an environment in which the internal and external monitoring mechanisms previously necessitated by agency problems in corporate governance can be removed.

**Type.** mechanism  **Support.** asserted

**Holds when.**

- over a multi-decade time horizon
- requires the supporting infrastructure components to be built

**Source quote.**

> As a foundational technology, blockchain technology creates the infrastructure for decentralized networked governance that, over time, creates the environment that enables the removal of internal and external monitoring mechanisms previously necessitated by agency problems in corporate governance.

**From.** Wulf A. Kaal, *Blockchain Solutions for Agency Problems in Corporate Governance* (2019), Abstract, page 1

**Cite as.** Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3373393

**Verify.** sha256 of source PDF `4d1424b9ba9aff8a61bc7a0dddd02cded93785e5843685dde76c07dcdb23961e` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain%20Solutions%20for%20Agency%20Problems%20in%20Corporate%20Governance.pdf

**Topics.** blockchain, governance-design, corporate-governance, compliance, decentralization

**Keywords.** blockchain, corporate-governance, agency-costs, monitoring, decentralized-governance

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/3808867-035
- restated_by: https://wulfkaal.github.io/claims/3782201-008

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