{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3808867-036",
 "identifier": "kaal:claim:3808867-036",
 "text": "Decentralized payment systems hold a comparative advantage over centralized legacy fiat systems because holding and storing cryptocurrencies requires no banking relationship, whereas centralized fiat payment platforms typically require an existing banking relationship.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021). SSRN: https://ssrn.com/abstract=3808867",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "How Decentralized Systems Can Upgrade AI",
  "datePublished": "2021",
  "url": "https://ssrn.com/abstract=3808867",
  "sha256": "eeccf6d0587bd278a96ce6ac8ec5003e26d161c245f6c94b4144d84f374802eb",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20How%20Decentralized%20Systems%20Can%20Upgrade%20AI.pdf"
 },
 "keywords": [
  "institutional-design"
 ],
 "about": [
  "payment-systems",
  "cryptocurrency",
  "financial-inclusion",
  "intermediaries"
 ],
 "abstract": "Centralized legacy fiat payment systems and platforms typically require some form of an existing banking relationship in order for consumers to utilize their services. Holding and storing cryptocurrencies does not require a banking relationship.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "condition"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "consumers without existing banking relationships"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/fb0c62a2a3fbeaaf869d7d3aa31db7b4efce307d8a2badfc45a27ff9b868edf6.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "fb0c62a2a3fbeaaf869d7d3aa31db7b4efce307d8a2badfc45a27ff9b868edf6",
 "canonicalForm": "https://wulfkaal.github.io/claims/3808867-036.md"
}