Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments

Blockchain, or distributed ledger technology, is now disrupting the financial services industry as part of a larger wave of external innovations by digital financial technologies. Emerging markets, due to their higher banking risks, lower bank pene...

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Main Author: Niforos, Marina
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/981091507180912887/Blockchain-in-financial-services-in-emerging-markets-part-two-selected-regional-developments
http://hdl.handle.net/10986/30370
id okr-10986-30370
recordtype oai_dc
spelling okr-10986-303702021-05-25T10:54:41Z Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments Niforos, Marina BLOCKCHAIN DISTRIBUTED LEDGER TECHNOLOGY EMERGING MARKET ECONOMIES FINANCIAL TECHNOLOGY FINANCIAL SERVICES FINANCIAL INCLUSION DIGITAL FINANCE TECHNOLOGY ADOPTION BITCOIN BANKING SYSTEM REMITTANCES REGULATION Blockchain, or distributed ledger technology, is now disrupting the financial services industry as part of a larger wave of external innovations by digital financial technologies. Emerging markets, due to their higher banking risks, lower bank penetration, and greater presence of digital financing, are an ideal backdrop for the adoption of blockchain-based financial solutions, and benefits could include a technological leap forward and a boost to financial inclusion and growth. This note focuses on selected regions in emerging markets where distributed ledger technology is already affecting the provision of financial services, including Africa, Latin America, and Asia. 2018-09-06T19:51:26Z 2018-09-06T19:51:26Z 2017-08 Brief http://documents.worldbank.org/curated/en/981091507180912887/Blockchain-in-financial-services-in-emerging-markets-part-two-selected-regional-developments http://hdl.handle.net/10986/30370 English EMCompass,no. 44; 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
EMERGING MARKET ECONOMIES
FINANCIAL TECHNOLOGY
FINANCIAL SERVICES
FINANCIAL INCLUSION
DIGITAL FINANCE
TECHNOLOGY ADOPTION
BITCOIN
BANKING SYSTEM
REMITTANCES
REGULATION
spellingShingle BLOCKCHAIN
DISTRIBUTED LEDGER TECHNOLOGY
EMERGING MARKET ECONOMIES
FINANCIAL TECHNOLOGY
FINANCIAL SERVICES
FINANCIAL INCLUSION
DIGITAL FINANCE
TECHNOLOGY ADOPTION
BITCOIN
BANKING SYSTEM
REMITTANCES
REGULATION
Niforos, Marina
Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments
relation EMCompass,no. 44;
description Blockchain, or distributed ledger technology, is now disrupting the financial services industry as part of a larger wave of external innovations by digital financial technologies. Emerging markets, due to their higher banking risks, lower bank penetration, and greater presence of digital financing, are an ideal backdrop for the adoption of blockchain-based financial solutions, and benefits could include a technological leap forward and a boost to financial inclusion and growth. This note focuses on selected regions in emerging markets where distributed ledger technology is already affecting the provision of financial services, including Africa, Latin America, and Asia.
format Brief
author Niforos, Marina
author_facet Niforos, Marina
author_sort Niforos, Marina
title Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments
title_short Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments
title_full Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments
title_fullStr Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments
title_full_unstemmed Blockchain in Financial Services in Emerging Markets, Part II : Selected Regional Developments
title_sort blockchain in financial services in emerging markets, part ii : selected regional developments
publisher International Finance Corporation, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/981091507180912887/Blockchain-in-financial-services-in-emerging-markets-part-two-selected-regional-developments
http://hdl.handle.net/10986/30370
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