kaal:claim:3373393-024

Cryptographic hashes increase blockchain security and remove the trust barriers in agency relationships that otherwise require monitoring of agents and generate agency costs.

Cryptographic hashes used in blockchain technology further increase blockchain security and removes trust barriers in agency relationships that require monitoring of agents and create agency costs.

Wulf A. Kaal, Blockchain Solutions for Agency Problems in Corporate Governance (2019), III.1 Blockchain Guarantees, p. 15
https://ssrn.com/abstract=3373393 · source PDF

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

mechanismsupport: arguedconsensus-and-securitycitation-and-knowledgeblockchainreputationcompliancecorporate-governance

• restated_by kaal:claim:3808867-035 Blockchain based guarantees remove agency costs because principals are less required to institute oversight an...
• restated_by kaal:claim:3782201-008 Blockchain based guarantees remove agency costs because principals become less essential for monitoring agents...

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