Decentralization -A Primer on the New Economy

Wulf A. Kaal* Out of necessity, humans have engaged in centralized thinking since the emergence of tribal societies and throughout urbanization and the industrial revolution. Emerging decentralized technology transcends traditional economic notions of capitalism versus socialism and inaugurates new forms of economic exchange. The author examines the evolution of decentralized solutions for commerce and society […]

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Blockchain Innovation for Private Investment Funds

  Abstract Blockchain technology innovation is proliferating in the private investment fund industry. Using a hand-selected dataset of private investment fund advisers that utilize blockchain technology in various functions (N=120), this article shows that the private fund advisers who utilize blockchain technology are able to generate significant benefits for their clients. The data analysis suggests […]

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The “Unmediated” and “Tech-driven” Corporate Governance of Today’s Winning Companies

Full article available at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2922176 MARK FENWICK,* WULF A. KAAL,** AND ERIK P.M. VERMEULEN*** Recent corporate governance initiatives encourage a culture of long-term value creation and growth but cannot work as intended by policymakers. The current discussion about corporate governance ignores the transition from a centralized to a decentralized, unmediated, and interconnected world and from a […]

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UCLA Presentation “Blockchain Innovation In Private Investment Funds”

‪Presenting at UCLA @LMI_UCLALaw @UCLA on #Blockchain #innovation for #Hedgefunds #privateequity #VentureCapital #startups #disrupting #compliance.  Startups (including Melonport, Numerai, LendingRobot, Varga Fund, among many others) that optimize their internal operations, compliance, and investment strategies with blockchain technology are able to overcome barriers to entry, diseconomies of scale, and can lower their fees and market themselves […]

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Blockchain Technology for Horizontal Agriculture Innovation 

Delighted to participate in the first Davos on the Delta Conference organized by ISelect Fund’s Carter Williams. Fantastic event in Memphis TN – the Silicone Valley for #Agriculture #Entrepreneurship #Innovation. All leading player in the agriculture business and leading AG startups in various financing stages are present and it is extremely energizing to talk about […]

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Blockchain Solutions for Agency Problems in Corporate Governance

Abstract Blockchain technology allows for decentralized networked governance that allows for the removal of internal and external monitoring mechanisms previously necessitated by agency problems in corporate governance. Blockchain technology creates formal immutable guarantees in agency relationships that build the trust needed to overcome the agency problems in corporate governance. It facilitates a substantial increase in […]

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Future of Innovation and Law

A wave of innovation and decentralization is sweeping across the world, challenging the traditional role of law, lawyers and law schools. Central themes from an Incredibly energizing and enabling course co-taught with @erikpmvermeulen at @USTLawMN “Disruptive Innovation – Why Lawyers Matter” include in order of priority: #innovation, #innovators, #platform, #entrepreneur, #bigdata, #blockchain, #smartcontracts, #machinelearning, #ArtificialIntelligence, […]

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