# kaal:claim:3936876-002

**Claim.** The more digital assets are held by their owners in self-custody, the less likely intermediation by custody service providers becomes, so self-custody is the key driver of decentralization in emerging blockchain networks.

**Type.** mechanism  **Support.** asserted

**Holds when.**

- holds for emerging blockchain networks
- assumes users are capable of securing their own keys

**Source quote.**

> In other words, the more digital assets are held by their owners in self-custody, the less likely intermediation of custody service providers becomes.

**From.** Wulf A. Kaal, Hayley Howe, *Custody of Digital Assets* (2021), I. Introduction, page 4

**Cite as.** Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

**Verify.** sha256 of source PDF `9bc0903d01910460298e754c451f027df4324367359800a98ee8e638d94aff55` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20and%20Howe%20-%202021%20-%20Custody%20of%20Digital%20Assets.pdf

**Topics.** defi, decentralization, blockchain

**Keywords.** self-custody, decentralization, intermediation, blockchain-networks

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.