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First announced in December 2016, FundsDLT is the first ever blockchain-powered solution built for asset managers. One year later, on 12 December 2017, fund professionals and fintech orbiters gathered at KPMG Luxembourg’s headquarters in Kirchberg to review FundsDLT’s progress, view a live demonstration, and discuss feedback from FundsDLT’s first tests performed earlier this year.
FundsDLT is the result of collaboration between Fundsquare, InTech, and KPMG Luxembourg. Its aim is to digitalise fund distribution by settling transactions on a distributed ledger, cutting out arduous processes of communication and approvals while maintaining a secure and searchable record that spans the entire distribution process.
Ultimately, it means that fund shares can...
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