kaal:claim:3409548-035

Recording every fund transaction together with its associated documentation on a blockchain cuts the significant costs of human oversight in recording, organizing and maintaining investment fund data and records.

Source quote, verbatim

blockchain technology reduces the otherwise significant costs associated with human oversight in recording, organizing, and maintaining investment fund data and records.

From

Kaal, Financial Technology and Hedge Funds (2019), III.5 Administrative Process & Compliance, p. 31
https://ssrn.com/abstract=3409548 · source PDF

Cite as

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

Holds when

fund back office and recordkeeping functions

Classification

mechanismsupport: arguedcomplianceblockchain

Related claims

restates kaal:claim:2959730-034 Increased transparency from blockchain recordkeeping lowers fees by allowing a fund to expend fewer resources ...

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