entity · derived
Legacy systems
Derived node: assembled mechanically from the claims carrying legacy-systems. A roster, not an adjudicated definition.
Every claim under this term
- 2998033-023 : Because blockchain is transparent, verifiable, self authenticating and self enforcing, financial transactions can be executed instantaneously at near zero transaction cost, which raises efficiency for
- 3002908-019 : Private investment funds entered the blockchain sector earlier than other financial players, yet because of legacy systems in private fund infrastructure the proportion of funds investing in blockchai
- 3002908-027 : The authors interpret the AUM difference as suggesting that larger European advisers are more willing to fund blockchain infrastructure, while in the United States legacy systems used by larger advise
- 3002908-028 : The authors undercut their own legacy systems explanation: legacy systems in the EU should theoretically create the same barriers, and there is no reason to believe US legacy systems are more of an ob
- 3227933-023 : Adoption of blockchain is costly and technically difficult because the technology is continually evolving and integrating blockchain databases with existing systems raises many technical challenges, s
- 3409548-023 : Legacy systems at private investment funds and banks are more expensive, more error prone, and slower than emerging blockchain technologies, a gap illustrated by the $1.7 trillion in processing fees b
- 3411110-001 : Existing ledger structures for securities offerings are defective: because individual firms rely on batch processing, the model generates dependencies, multi-day settlement times, distinctive operatio
- 3411110-037 : Development of blockchain based processes will take several years if not decades, so the most likely outcome is that legacy and blockchain based issuance, trading, and settlement systems coexist side
- 3441904-026 : The complex systems that decentralized infrastructure technology will reform are interdependent, so development of the infrastructure elements alone is not enough: structural and cultural changes in l
- 3709041-027 : Developing and third world countries, unlike developed countries, will likely be enabled by blockchain technology to leapfrog several stages of development that legacy systems would otherwise require.
- 3808873-013 : Applying decentralized technology to optimize a legacy system, for example using blockchain to improve the malfunctioning shareholder proxy voting process, perpetuates the outdated and malfunctioning
- 4796714-003 : At the time of publication no legacy governance system exists that can supply the dynamic governance toolsets required to govern evolving AI models ex-ante and manage deployed solutions ex-post.
- 4796714-024 : Ex-ante regulation is preferable in principle but is neither practical nor sufficient inside legacy systems, precisely because legacy systems, unlike the web3 system proposed here, are not equipped to
- 4796714-025 : Strict legacy regulation built on stable and presumptively optimal rules and enforced at the AI development stage can inadvertently stifle innovation by imposing rigid constraints before a model is fu
- 4941807-002 : Governing AI requires toolsets that simultaneously handle ex-ante governance of models still evolving and ex-post management of deployed solutions, and Kaal asserts that as of publication no legacy sy