{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3441904-003",
 "identifier": "kaal:claim:3441904-003",
 "text": "Because blockchain guarantees prevent any participant from circumventing the coded set of governance rules, a lower level of oversight and monitoring of agents is needed, which changes the cost structure of the principal agent relationship.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Blockchain-Based Corporate Governance",
  "datePublished": "2019",
  "url": "https://ssrn.com/abstract=3441904",
  "sha256": "e6b562527f7f19accaa35491db0a0db168b6a936755e1dca424e9f30bee7a815",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain-Based%20Corporate%20Governance.pdf"
 },
 "keywords": [
  "corporate-governance",
  "compliance",
  "blockchain",
  "ai-and-agents"
 ],
 "about": [
  "agency-cost",
  "monitoring",
  "blockchain",
  "principal-agent"
 ],
 "abstract": "Hence, in the blockchain infrastructure, a lower level of oversight and monitoring of agents changes the cost structure of the principal agent relationship.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "blockchain infrastructure with consensus verified contract execution"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/263edd6f80de34efac67fade2b2b300bbb9a9c72bb4915ec3b432ef8177534b4.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/3373393-018",
     "to_id": "kaal:claim:3373393-018",
     "similarity": 0.336
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "263edd6f80de34efac67fade2b2b300bbb9a9c72bb4915ec3b432ef8177534b4",
 "canonicalForm": "https://wulfkaal.github.io/claims/3441904-003.md"
}