kaal:claim:3782201-007

Code based trust in decentralized applications lowers transaction costs and simultaneously raises consumer and market confidence and certainty, which facilitates economies of scale that are only occasionally and temporarily possible in centralized structures.

code-based trust can help lower trans- action costs, but it also increases consumer and overall market confidence and cer- tainty, which facilitate economies of scale that are only occasionally and temporarily possible in centralized structures.

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021), Decentralized Commerce, p. 9
https://ssrn.com/abstract=3782201 · source PDF

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201

• holds despite the cybersecurity issues associated with cryptocurrencies

mechanismsupport: arguedeconomicsreputation

• restated_by kaal:claim:3808867-033 Code based trust lowers transaction costs and simultaneously raises consumer and market confidence and certain...
• restates kaal:claim:3406323-012 Decentralized technologies increase consumer and market trust at unprecedented scale, which lowers transaction...

The quote above is an exact substring of the source PDF, whose sha256 is bedf7bcfbb7a9b0112b5848cb0d941b1d41f330dafeee0143a30ff5e8aa53700. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/3b143ef55f7f398d...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3782201-007.md | sha256sum