# kaal:claim:3373393-017

**Claim.** Supervisory tasks traditionally performed by principals to control their agents can be delegated to decentralized computer networks that are reliable, secure, immutable, and independent of fallible human input and discretionary human goodwill.

**Type.** design  **Support.** argued

**Holds when.**

- assumes a functioning decentralized network

**Source quote.**

> Supervisory tasks that were traditionally performed by principals to control their agents can be delegated to decentralized computer networks that are highly reliable, secure, immutable, and independent of fallible human input and discretionary human goodwill.

**From.** Wulf A. Kaal, *Blockchain Solutions for Agency Problems in Corporate Governance* (2019), III. Blockchain Solutions for Agency Problems in Corporate Governance, page 13

**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, compliance, governance-design, decentralization, corporate-governance

**Keywords.** blockchain, monitoring, delegation, decentralized-networks, agency-costs

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