Can Blockchain Technology Address De-Risking in Emerging Markets?

Can Blockchain Technology Address De-Risking in Emerging Markets?

Block chain, or distributed ledger technology, has the potential to address many problems in emerging markets. In this note the authors consider whether block chain can be used to mitigate the problem of de-risking by financial institutions, which...

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Bibliographic Details
Main Authors: Ramachandran, Vijaya, Rehermann, Thomas
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2018
Subjects:
BLOCKCHAIN
DISTRIBUTED LEDGER TECHNOLOGY
TECHNOLOGY ADOPTION
EMERGING MARKET ECONOMIES
ACCESS TO FINANCE
FINANCIAL SERVICES
BANKING RISK
REMITTANCES
TRADE FINANCE
Online Access:http://documents.worldbank.org/curated/en/478901500630807240/Can-blockchain-technology-address-de-risking-in-emerging-markets
http://hdl.handle.net/10986/30364
id okr-10986-30364
recordtype oai_dc
spelling okr-10986-303642021-05-25T10:54:41Z Can Blockchain Technology Address De-Risking in Emerging Markets? Ramachandran, Vijaya Rehermann, Thomas BLOCKCHAIN DISTRIBUTED LEDGER TECHNOLOGY TECHNOLOGY ADOPTION EMERGING MARKET ECONOMIES ACCESS TO FINANCE FINANCIAL SERVICES BANKING RISK REMITTANCES TRADE FINANCE Block chain, or distributed ledger technology, has the potential to address many problems in emerging markets. In this note the authors consider whether block chain can be used to mitigate the problem of de-risking by financial institutions, which affects receivers of remittances, businesses that need correspondent banking relationships, and charities working in conflict countries. Block chain is an evolving technology, and understanding its scope and limitations will be critical to employing it to address these and related issues. 2018-09-06T17:02:48Z 2018-09-06T17:02:48Z 2017-05 Brief http://documents.worldbank.org/curated/en/478901500630807240/Can-blockchain-technology-address-de-risking-in-emerging-markets http://hdl.handle.net/10986/30364 English EMCompass,no. 38; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BLOCKCHAIN
DISTRIBUTED LEDGER TECHNOLOGY
TECHNOLOGY ADOPTION
EMERGING MARKET ECONOMIES
ACCESS TO FINANCE
FINANCIAL SERVICES
BANKING RISK
REMITTANCES
TRADE FINANCE
spellingShingle BLOCKCHAIN
DISTRIBUTED LEDGER TECHNOLOGY
TECHNOLOGY ADOPTION
EMERGING MARKET ECONOMIES
ACCESS TO FINANCE
FINANCIAL SERVICES
BANKING RISK
REMITTANCES
TRADE FINANCE
Ramachandran, Vijaya
Rehermann, Thomas
Can Blockchain Technology Address De-Risking in Emerging Markets?
relation EMCompass,no. 38;
description Block chain, or distributed ledger technology, has the potential to address many problems in emerging markets. In this note the authors consider whether block chain can be used to mitigate the problem of de-risking by financial institutions, which affects receivers of remittances, businesses that need correspondent banking relationships, and charities working in conflict countries. Block chain is an evolving technology, and understanding its scope and limitations will be critical to employing it to address these and related issues.
format Brief
author Ramachandran, Vijaya
Rehermann, Thomas
author_facet Ramachandran, Vijaya
Rehermann, Thomas
author_sort Ramachandran, Vijaya
title Can Blockchain Technology Address De-Risking in Emerging Markets?
title_short Can Blockchain Technology Address De-Risking in Emerging Markets?
title_full Can Blockchain Technology Address De-Risking in Emerging Markets?
title_fullStr Can Blockchain Technology Address De-Risking in Emerging Markets?
title_full_unstemmed Can Blockchain Technology Address De-Risking in Emerging Markets?
title_sort can blockchain technology address de-risking in emerging markets?
publisher International Finance Corporation, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/478901500630807240/Can-blockchain-technology-address-de-risking-in-emerging-markets
http://hdl.handle.net/10986/30364
_version_ 1764471798591651840

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