5. The Fund Management Industry is a traditional and conservative industry that for decades has lagged behind the digital advances made in the banking industry and related retail investment management. As we will see, this means that some areas of the fund management industry are very mature for digitization. Fund Managers are some of the best-positioned financial services industry players who may benefit from a 'jump species' to blockchain as decentralized ledgers and smart contracts will add efficiency and transparency to legacy fund manager operations while cutting costs. Question:

a. How the Fund Management Industry can implement Blockchain

b. Who are the Actors who play a role in Fund Management?