kaal:claim:3396522-017

Conducting commerce on public blockchains counteracts corruption because every transaction becomes publicly visible and traceable to both consumers and the government, removing the untraceability that corrupt dealing requires.

A later claim in the corpus revises this one. Prefer quoting kaal:claim:3782214-013.

Source quote, verbatim

The transparency and traceability of public blockchain transactions in business and commerce counteracts corruption. Using public blockchains in commerce makes every and all transactions publicly visible and traceable for consumers and the government alike.

From

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019), IV. Stable Cryptocurrencies, 4. Counteracting Corruption, p. 31
https://ssrn.com/abstract=3396522 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies (2019). SSRN: https://ssrn.com/abstract=3396522

Holds when

requires use of public rather than permissioned blockchains

Classification

mechanismsupport: argueddisclosureblockchain

Related claims

extended_by kaal:claim:3709041-037 Linking necessary data between governmental departments via blockchain could eradicate potential government co...

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Attestation record: colloquium/attestations/20c269df8531f453...json
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