kaal:claim:3411110-011

Blockchain removes the class of costs generated by human error in record keeping, because it eliminates the possibility that transactions are misreported in ways that cause irreparable harm.

Source quote, verbatim

Blockchain technology allows corporations to eliminate costs associated with human errors in record keeping. Blockchain eliminates the possibility of transactions being misreported due to human error that can cause irreparable harm.

From

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), III.1 Cost Reduction, p. 13
https://ssrn.com/abstract=3411110 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

Holds when

record keeping for securities issuance and transfer

Classification

mechanismsupport: assertedcorporate-governance

Verify

The quote above is an exact substring of the source PDF, whose sha256 is c7626eeb7642045b79f8745df1f7232a8fe8bc44a1f7e87b592850e35b392b50. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/2ee2a248c3976b36...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3411110-011.md | sha256sum