Eliminate old school processes with modern accurate and complete protocols.
fundSlug eliminates friction and cost and provides real time transparency to all stakeholders
This white paper proposes using modular blockchain technology and tokenization to revolutionize collective investment scheme (CIS) administration. The core problem addressed is the current complexity, time-consumption, and error-proneness of manual CIS processes involving numerous stakeholders. The solution leverages smart contracts to automate tasks like subscriptions, redemptions, cash movements, asset valuations, accounting, and NAV reporting, resulting in reduced costs, eliminated reconciliations, and increased transparency. The paper details how modular blockchain's architecture, separating data and processing elements, enhances efficiency and security, ultimately creating a more timely, accurate, and cost-effective system.