# kaal:claim:3808859-006

**Claim.** Digitization was the precondition for peer-to-peer transactions at scale, and the digital transformation of business enabled, for the first time in history, decentralized production at lower cost.

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

**Source quote.**

> Digitization was a precursor to peer-to-peer transactions at scale. Correspondingly, the digital transformation of business enabled for the first time in history a form of decentralized production at lower cost.

**From.** Wulf A. Kaal, *Decentralization – Why We Need Technology Infrastructure Upgrades* (2021), II.2 Digital Transformation, page 11

**Cite as.** Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859

**Verify.** sha256 of source PDF `304ad25d43b5ecea3158e3a2ca04e6e1e3bd2958e2134e2dcefbfedf3b6f3ab7` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20Decentralization%20%E2%80%93%20Why%20We%20Need%20Technology%20Infrastructure%20Upgrades.pdf

**Topics.** decentralization

**Keywords.** digitization, peer-to-peer, decentralized-production, cost-structure

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