{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3606663-027",
 "identifier": "kaal:claim:3606663-027",
 "text": "DeFi is more efficient than existing financial intermediation including FinTech, and that superior efficiency traces to its extensive reliance on code and automation, which removes large parts of the human element and the errors and inefficiencies that come with it.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Digital Asset Market Evolution",
  "datePublished": "2020",
  "url": "https://ssrn.com/abstract=3606663",
  "sha256": "d1d4a15a293b715bb6a5a32e689f59c3a1587915039ba9a1cf4eeb8ee2a1e57c",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202020%20-%20Digital%20Asset%20Market%20Evolution.pdf"
 },
 "keywords": [
  "defi",
  "economics",
  "decentralization"
 ],
 "about": [
  "defi",
  "efficiency",
  "automation",
  "fintech",
  "disintermediation"
 ],
 "abstract": "DeFi is more efficient than existing financial intermediation, including FinTech. Its superior efficiency can be traced to its extensive reliance on code and automation that remove large parts of the human element and the associated errors and inefficiencies.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "comparison of DeFi with legacy financial intermediation and FinTech"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/5360f2881a0d1c12b6b52e4ba16bd2d4781e21945b236c3afc725c55bfa41f4b.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "5360f2881a0d1c12b6b52e4ba16bd2d4781e21945b236c3afc725c55bfa41f4b",
 "canonicalForm": "https://wulfkaal.github.io/claims/3606663-027.md"
}