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 "identifier": "kaal:entity:intermediation",
 "name": "Intermediation",
 "termCode": "intermediation",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
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   "@id": "https://wulfkaal.github.io/claims/2992962-036",
   "identifier": "kaal:claim:2992962-036",
   "text": "Because of the fees attached to its extra verification layer, the OpenBazaar dispute resolution mechanism creates substantial transaction costs that pure Ethereum based self executing smart contracts avoid.",
   "abstract": "Because of these fees, the OpeanBazaar dispute resolution mechanism creates substantial transaction costs that can be avoided by pure Ethereum-based self-executing smart contracts.",
   "citation": "Wulf A. Kaal, Craig Calcaterra, Crypto Transaction Dispute Resolution (2017). SSRN: https://ssrn.com/abstract=2992962",
   "datePublished": "2017",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "Ricardian contracts that attach a notary to every contract"
   ],
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   "identifier": "kaal:claim:3128900-006",
   "text": "The cost structure of centralized micro task systems, which require intermediation, produces significant overpricing that does not benefit the workers themselves.",
   "abstract": "First and foremost, the cost structure for micro task work in centralized systems that necessitate intermediation results in significant overpricing without benefiting the micro task workers directly.",
   "citation": "Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900",
   "datePublished": "2018",
   "claim_type": "failure",
   "confidence": "evidenced",
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    "centralized systems that necessitate intermediation"
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   "identifier": "kaal:claim:3128900-035",
   "text": "Centralized mechanical turk marketplace leaders operate as rent seeking intermediaries that generate numerous inefficiencies in the market and deprive freelance workers of a share in the profits the platforms capture.",
   "abstract": "Similarly, centralized mechanical turk marketplace leaders act as rent seeking intermediaries that create numerous inefficiencies in the market.",
   "citation": "Wulf A. Kaal, Decentralized Mechanical Turk Through Verified Reputation (2018). SSRN: https://ssrn.com/abstract=3128900",
   "datePublished": "2018",
   "claim_type": "failure",
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    "centralized micro task marketplaces including MTurk and Crowdflower"
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   "@id": "https://wulfkaal.github.io/claims/3227933-006",
   "identifier": "kaal:claim:3227933-006",
   "text": "A platform creates value not by producing goods itself but by facilitating exchanges between two distinct but interdependent groups, and it then captures profit for its owner-shareholders from the interactions it mediates.",
   "abstract": "the platform creates value by facilitating exchanges between two different but interdependent groups",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933",
   "datePublished": "2018",
   "claim_type": "mechanism",
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    "platform business models"
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3227967-007",
   "identifier": "kaal:claim:3227967-007",
   "text": "A transaction engineer is a crucial intermediary who brings together, in a safe environment, parties holding different but mutually compatible interests and expertise.",
   "abstract": "In this sense, we can see how lawyers functioned as \"transaction engineers,\" i.e., crucial intermediaries that brought together in a \"safe\" environment various parties with different but mutually compatible interests and expertise.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967",
   "datePublished": "2018",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3227967-008",
   "identifier": "kaal:claim:3227967-008",
   "text": "Lawyers have often failed to perform the function of active transaction engineer and have instead become a hindrance or obstacle to transactions.",
   "abstract": "The problem, however, is that lawyers have often failed to perform this function of being active transaction engineers and have become a hindrance or obstacle to transactions.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Legal Education in a Digital Age Why 'Coding for Lawyers' Matters (2018). SSRN: https://ssrn.com/abstract=3227967",
   "datePublished": "2018",
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   "@id": "https://wulfkaal.github.io/claims/3606663-010",
   "identifier": "kaal:claim:3606663-010",
   "text": "The IEO reinserts an intermediary into token offerings: the exchange screens the offering and the issuer no longer interacts with investors directly, reversing the direct issuer to investor structure of the ICO.",
   "abstract": "In an IEO, the cryptocurrency exchange acts as a screening device for token offerings. In an IEO the issuer does no longer interact with investors directly.",
   "citation": "Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663",
   "datePublished": "2020",
   "claim_type": "design",
   "confidence": "asserted",
   "is_failure_mode": false,
   "scope_conditions": [
    "initial exchange offerings",
    "token offerings listed on a cryptocurrency exchange"
   ],
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3808852-023",
   "identifier": "kaal:claim:3808852-023",
   "text": "Decentralized cryptocurrency exchanges epitomize market decentralization because they let users interact and trade anonymously in a secure environment without third party intermediation.",
   "abstract": "DEX epitomize market decentralization because they allow users to interact and trade anonymously in a secure environment without the need for third party intermediation.",
   "citation": "Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852",
   "datePublished": "2021",
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   "text": "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.",
   "abstract": "In other words, the more digital assets are held by their owners in self-custody, the less likely intermediation of custody service providers becomes.",
   "citation": "Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876",
   "datePublished": "2021",
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   "is_failure_mode": false,
   "scope_conditions": [
    "holds for emerging blockchain networks",
    "assumes users are capable of securing their own keys"
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   "@id": "https://wulfkaal.github.io/claims/3981021-013",
   "identifier": "kaal:claim:3981021-013",
   "text": "Charitable giving has to be fully transparent and hosted by a group of charity experts who have hands on experience fostering common good outcomes directly, rather than acting as an intermediary or sponsor.",
   "abstract": "The basic concept of the CHARITYxDAO derives from the basic insight that charitable giving has to be fully transparent and hosted by a group of charity experts who have hands-on experience in fostering common good outcomes directly – not as an intermediary or sponsor.",
   "citation": "Wulf A. Kaal, How Decentralized Autonomous Organizations Optimize Charitable Giving (2021). SSRN: https://ssrn.com/abstract=3981021",
   "datePublished": "2021",
   "claim_type": "normative",
   "confidence": "asserted",
   "is_failure_mode": false,
   "scope_conditions": [
    "the CHARITYxDAO design premise"
   ],
   "source_pdf_sha256": "9d8bc78d119c780c96c89ce3e820f4ac8b037d39b3ade59feb4e40d46b048288",
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 "description": "10 claims in the published works of Wulf A. Kaal carry the concept tag 'intermediation'. Derived node: a roster, not an adjudicated definition."
}