# kaal:claim:3373393-025

**Claim.** Smart contracts enabled by blockchain technology allow comprehensive, near error free, and zero transaction and agency cost coordination of agency relationships.

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

**Source quote.**

> Smart contracts enabled by blockchain technology allow for the comprehensive, near error free, and zero transaction/agency cost coordination of agency relationships.

**From.** Wulf A. Kaal, *Blockchain Solutions for Agency Problems in Corporate Governance* (2019), III.1 Blockchain Guarantees, page 16

**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.** smart-contracts, economics, corporate-governance, institutional-design

**Keywords.** smart-contracts, transaction-costs, agency-costs, coordination

**Related claims.**

- generalizes: https://wulfkaal.github.io/claims/3981021-012
- restated_by: https://wulfkaal.github.io/claims/3405401-005
- extended_by: https://wulfkaal.github.io/claims/3405401-004
- restated_by: https://wulfkaal.github.io/claims/3405401-006
- extended_by: https://wulfkaal.github.io/claims/3406323-030

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