Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition
Blockchain is an emerging technology that offers the possibility of re-engineering economic models and enabling the creation of markets and products that were previously unavailable or unprofitable across emerging markets. This report is intended t...
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International Finance Corporation, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/260121548673898731/Blockchain-Opportunities-for-Private-Enterprises-in-Emerging-Markets http://hdl.handle.net/10986/31251 |
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okr-10986-312512021-05-25T09:21:31Z Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition International Finance Corporation BLOCKCHAIN DISTRIBUTED LEDGER TECHNOLOGY EMERGING MARKET ECONOMIES INFRASTRUCTURE FINANCIAL SERVICES FINANCIAL TECHNOLOGY SUPPLY CHAIN REGULATION CLEAN ENERGY LEGAL ISSUES Blockchain is an emerging technology that offers the possibility of re-engineering economic models and enabling the creation of markets and products that were previously unavailable or unprofitable across emerging markets. This report is intended to introduce readers to current developments in distributed ledger technology, or blockchain, with the vantage point of possible benefits to emerging markets. The first six chapters were written a year ago, while the last three are more recent and bring the perspective of a year of development in the nascent technology. Chapter 1 provides an overview of blockchain technology, followed by a look at its unfolding applications in emerging markets in Chapter 2. Chapter 3 examines whether blockchain can be used to mitigate de-risking by financial institutions. Chapters 4 and 5 look more closely at the financial services sector, including an overview of how blockchain fits into the spectrum of financial technology (fintech) innovations and the resulting provision of financial services (Chapter 4), and an analysis of blockchain’s contribution to reaching the unbanked and underbanked in various emerging markets, including in Latin America, Asia, and Sub-Saharan Africa (Chapter 5). Chapter 6 looks beyond fintech to explore how developments in applied blockchain technology can impact agribusiness, drug safety, and more generally provide enforcement tools to promote the reach of sustainable and inclusive business. Chapter 7 discusses the proper regulatory environment needed to stimulate competition and investment in blockchain technologies in emerging markets and beyond. Chapter 8 examines the potential of blockchain to accelerate the transition to low-carbon energy solutions in these countries. Chapter 9 offers a review of legal issues associated with the use of blockchain and how these can be addressed. 2019-02-08T19:51:19Z 2019-02-08T19:51:19Z 2019-01 Report http://documents.worldbank.org/curated/en/260121548673898731/Blockchain-Opportunities-for-Private-Enterprises-in-Emerging-Markets http://hdl.handle.net/10986/31251 English 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 :: Working Paper |
| 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 INFRASTRUCTURE FINANCIAL SERVICES FINANCIAL TECHNOLOGY SUPPLY CHAIN REGULATION CLEAN ENERGY LEGAL ISSUES |
| spellingShingle |
BLOCKCHAIN DISTRIBUTED LEDGER TECHNOLOGY EMERGING MARKET ECONOMIES INFRASTRUCTURE FINANCIAL SERVICES FINANCIAL TECHNOLOGY SUPPLY CHAIN REGULATION CLEAN ENERGY LEGAL ISSUES International Finance Corporation Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition |
| description |
Blockchain is an emerging technology
that offers the possibility of re-engineering economic
models and enabling the creation of markets and products
that were previously unavailable or unprofitable across
emerging markets. This report is intended to introduce
readers to current developments in distributed ledger
technology, or blockchain, with the vantage point of
possible benefits to emerging markets. The first six
chapters were written a year ago, while the last three are
more recent and bring the perspective of a year of
development in the nascent technology. Chapter 1 provides an
overview of blockchain technology, followed by a look at its
unfolding applications in emerging markets in Chapter 2.
Chapter 3 examines whether blockchain can be used to
mitigate de-risking by financial institutions. Chapters 4
and 5 look more closely at the financial services sector,
including an overview of how blockchain fits into the
spectrum of financial technology (fintech) innovations and
the resulting provision of financial services (Chapter 4),
and an analysis of blockchain’s contribution to reaching the
unbanked and underbanked in various emerging markets,
including in Latin America, Asia, and Sub-Saharan Africa
(Chapter 5). Chapter 6 looks beyond fintech to explore how
developments in applied blockchain technology can impact
agribusiness, drug safety, and more generally provide
enforcement tools to promote the reach of sustainable and
inclusive business. Chapter 7 discusses the proper
regulatory environment needed to stimulate competition and
investment in blockchain technologies in emerging markets
and beyond. Chapter 8 examines the potential of blockchain
to accelerate the transition to low-carbon energy solutions
in these countries. Chapter 9 offers a review of legal
issues associated with the use of blockchain and how these
can be addressed. |
| format |
Report |
| author |
International Finance Corporation |
| author_facet |
International Finance Corporation |
| author_sort |
International Finance Corporation |
| title |
Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition |
| title_short |
Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition |
| title_full |
Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition |
| title_fullStr |
Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition |
| title_full_unstemmed |
Blockchain : Opportunities for Private Enterprises in Emerging Markets, Second Edition |
| title_sort |
blockchain : opportunities for private enterprises in emerging markets, second edition |
| publisher |
International Finance Corporation, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/260121548673898731/Blockchain-Opportunities-for-Private-Enterprises-in-Emerging-Markets http://hdl.handle.net/10986/31251 |
| _version_ |
1764473890044641280 |