Directors Ask: Can Blockchain Technology Save Us Money?
Nicole Crum and Joel Telpner were quoted in the article, “Directors ask: Can Blockchain Technology Save Us Money?” which was published by Board IQ (sub. req.) on December 5, 2017.
When asked about the increasing role of blockchain in the fund industry, Ms. Crum responded, “The challenge for directors is that I see this becoming a 15(c) issue. If this technology really can reduce fees, funds not utilizing it could be disadvantaged.”
Mr. Telpner explained that those researching blockchain hope it will create a “much more efficient streamline and recordkeeping process than in the past.”