entity · derived
Cost reduction
Derived node: assembled mechanically from the claims carrying cost-reduction. A roster, not an adjudicated definition.
Every claim under this term
- 2959730-033 : LendingRobot can charge only a 1% management fee and a maximum 0.59% annual fund expense fee because its blockchain secured business model removes the investment adviser, overhead costs, and the legal
- 2959730-034 : Increased transparency from blockchain recordkeeping lowers fees by allowing a fund to expend fewer resources on auditing itself.
- 2998033-031 : LendingRobot can charge only a one percent management fee and a maximum 0.59 percent fund expense fee because its business model removes the investment adviser, overhead costs, and the legal fees atta
- 3227967-020 : Blockchain replaces intermediaries, bureaucracy and old fashioned procedures with the four Cs of code, connectivity, crowd and collaboration, which increases openness and speed while significantly red
- 3409548-035 : Recording every fund transaction together with its associated documentation on a blockchain cuts the significant costs of human oversight in recording, organizing and maintaining investment fund data
- 3411110-003 : Blockchain reduces counterparty credit risk through a specific mechanism: a single shared ledger compresses the settlement cycle so that cash or securities are verifiably in the account within seconds
- 3411110-011 : Blockchain removes the class of costs generated by human error in record keeping, because it eliminates the possibility that transactions are misreported in ways that cause irreparable harm.
- 4755632-038 : Reputation based market dynamics lower the cost of duplication relative to centralized micro task work: where a reliable high reputation worker completes the task, duplication can fall from fifteen to