# kaal:claim:3808852-021

**Claim.** The digitization of content is the most lasting contribution to market decentralization, because the physical location of assets matters less as content is digitized and virtual products emerge, so markets are becoming increasingly decentralized.

**Type.** mechanism  **Support.** argued

**Source quote.**

> The physical location of assets becomes less important when more content is digitized and online and virtual products emerge. As a result, markets are becoming increasingly decentralized.

**From.** Wulf A. Kaal, *Decentralization and Feedback Effects* (2021), IV. Market Decentralization, page 14

**Cite as.** Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

**Verify.** sha256 of source PDF `31e91158fdeefebc2f0be54ebf89751f7cdd4c89ecea932888f5ba9be6b1caba` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20Decentralization%20and%20Feedback%20Effects.pdf

**Topics.** decentralization, economics

**Keywords.** digitization, market-decentralization, electronic-trading, asset-location

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