kaal:claim:3411897-029

Decentralized underwriting is a necessary precondition for decentralized commerce: without something functioning as an insurance policy when commercial risks materialize, the public has no reason to pursue the benefits of decentralized commerce.

Source quote, verbatim

Without someone or something that functions as an insurance policy should risks in commerce materialize, the public has no reason to try to benefit from the potential benefits of decentralized commerce,

From

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019), Part 3 / Unleashing the Power of Decentralization, p. 36
https://ssrn.com/abstract=3411897 · source PDF

Cite as

Wulf A. Kaal, Decentralization - Past, Present, and Future (2019). SSRN: https://ssrn.com/abstract=3411897

Holds when

applies to any iteration of future decentralized technology solutions

Classification

conditionsupport: argueddecentralizationdefi

Related claims

restates kaal:claim:3406323-025 Without something that functions as an insurance policy when commercial risks materialize, the public has no r...

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