# Platforms `kaal:entity:platforms` **Status.** derived This node is assembled mechanically from the 9 claims that carry the concept tag `platforms`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself. ## Every claim under this term 9 claims across 5 works, 2017 to 2021. **2017** - [2939127-023](https://wulfkaal.github.io/claims/2939127-023) [mechanism/argued] -- Leveraging the big data collected through Legal Tech solutions and blockchain applications in combination with machine learning produces more creative and faster tools, which in turn generates a surge of innovative platforms that disrupt the legal industry. > Leveraging the big data that is collected by using Legal Tech solutions and blockchain applications in combination with machine learning creates more creative and faster tools. Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Legal Education in the Blockchain Revolution (2017). SSRN: https://ssrn.com/abstract=2939127 **2018** - [3227933-006](https://wulfkaal.github.io/claims/3227933-006) [mechanism/argued] -- 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. > the platform creates value by facilitating exchanges between two different but interdependent groups Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933 - [3227933-007](https://wulfkaal.github.io/claims/3227933-007) [mechanism/argued] -- Platform businesses grow through a self-reinforcing loop: registered users and consumers add content that attracts further creators and consumers, which is why platforms benefit enormously from network effects. > This creates a global ecosystem that encourages registered users and content consumers to add more value to the platform by repeatedly creating more content which will, in turn, attract additional content creators and consumers Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933 - [3227933-008](https://wulfkaal.github.io/claims/3227933-008) [definitional/argued] -- What distinguishes a platform style organization is not its technology but its internal organization: it uses stakeholder input and feedback to continuously improve user experience and engagement with its products and services. > What makes a platform-style of organization distinctive is that it uses stakeholders' input and feedback to improve the user experience and engagement with the platform and its products, services, and other solutions. Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933 - [3227933-009](https://wulfkaal.github.io/claims/3227933-009) [design/asserted] -- In the most successful firms governance is no longer about hierarchy or control; it is about creating a flat, open and inclusive ecosystem that leverages the talents of all stakeholders in the company's network. > In the best and most successful firms, governance is no longer about hierarchy or control. Instead, the focus is on creating a flat, open and inclusive organizational environment or "eco-system" that leverages the talents of all stakeholders in that company's network. Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933 - [3227933-037](https://wulfkaal.github.io/claims/3227933-037) [mechanism/argued] -- Because token holders are not locked into the program, issuing coins or tokens becomes a straightforward and relatively simple way for a platform to attract capital without issuing shares in the company. > Because the owners of the coins/tokens aren't "locked" into the loyalty program, the issuance of coins/tokens can be a straightforward and relatively simple means to attract capital/funding for the platform (without issuing shares in the company). Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933 **2021** - [3782198-008](https://wulfkaal.github.io/claims/3782198-008) [definitional/asserted] -- The sharing economy is defined as the utilization of previously idle services and goods and the partial use of others' property rights in goods, typically coordinated over a platform rather than through centralized employment. > The sharing economy refers to the utilization of previously idle services and goods and the partial use of others' property rights in goods. Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198 - [3782217-025](https://wulfkaal.github.io/claims/3782217-025) [failure/argued] *(failure mode)* -- Popularity based ranking cannot substitute for editorial control, because people end up relying on unconscious algorithms to determine what is authoritative and the Folk Theorems establish that such algorithms can always be gamed. > People rely on unconscious algorithms which use popularity to determine what is authoritative content. But the lessons of the Folk Theorems again arise, to remind us that such algorithms can always be gamed. Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217 - [3808867-026](https://wulfkaal.github.io/claims/3808867-026) [empirical/evidenced] -- Big data and algorithmic data analytics enable centralized algorithmically automated systems such as Google, Facebook, and Amazon to know individuals' political preferences better than the individuals themselves. > Big data and algorithmic data analytics enable centralized algorithmically automated systems (such as Google, Facebook, and Amazon in the early 2020s) to know individuals' political preferences better than the individual's themselves. Wulf A. Kaal, How Decentralized Systems Can Upgrade AI (2021). SSRN: https://ssrn.com/abstract=3808867 ## Verify Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust. curl -s https://wulfkaal.github.io/entities/platforms.md | sha256sum **Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.