Bermuda Partners Sarah Demerling and Natalie Neto outline the
process of enacting and maintaining a tokenised fund in
Bermuda.
Imagine a world where asset management transactions and
contracts are maintained in a decentralised form across different
locations using distributed ledger technology (blockchain), all
information securely and accurately stored using cryptography and
accessed using keys and cryptographic signatures. This would allow
subscriptions and redemptions to be processed by way of smart
contracts and investor reporting being available in real time
leading to greater transparency, better efficiencies and lower
fees. These days, it feels that such a transformation is not so far
away.
