Blockchain-based Net Asset Value (NAV) calculation for Mutual Funds

Vijaya Killu Manda
2020 International Journal of Advanced Trends in Computer Science and Engineering  
A model that uses a blockchain-based decentralized ledger system that combines sharing financial security data feeds sourced from a data feed provider and to compute the Net Asset Value (NAV) of a mutual fund scheme by an Asset management company. Blockchain emerged as a disruptive technology for various fintech areas. Traditional financial services such as the Asset Management industry can use this blockchain-based architecture for mutual fund management taking advantage of features like
more » ... buted ledger, immutability, smart contracts, amongst others. The paper discusses the architecture of a mutual fund system to share the Net Asset Values of mutual funds and the last traded prices of securities. The Linux Foundation manages Hyperledger Fabric. The Hyperledger project is an open-source model that can be cost-effective for the stakeholders. The proposed model involves stakeholders such as the data feed provider, regulator, registrar, and transfer agents (RTA/registrar), and the asset management company.
doi:10.30534/ijatcse/2020/117922020 fatcat:jabakoq4nbh53logn3rzv6dnf4