kaal:claim:3409548-039

The structural characteristic of blockchain as a decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure, so funds implementing it are spearheading radical change in financial markets rather than merely adopting a tool.

First and foremost, the structural characteristic of blockchain as a decentralized model for financial transactions disintermediates and disrupts the existing financial infrastructure.

Kaal, Financial Technology and Hedge Funds (2019), III.6 Competitive Pressure, p. 32
https://ssrn.com/abstract=3409548 · source PDF

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

• funds implementing decentralized financial infrastructure

mechanismsupport: argueddecentralizationblockchain

• restates kaal:claim:2998097-039 Blockchain's structural characteristic as a decentralized model for financial transactions disintermediates an...
• extends kaal:claim:2998033-025 Blockchain increases competitive pressure in the private investment fund industry because its decentralized mo...
• restates kaal:claim:3002908-023 Private investment funds that are first movers in implementing blockchain infrastructure in finance directly c...

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