Can Blockchain Technology Address De-Risking in Emerging Markets?

• Tác giả: Vijaya Ramachandran
• Ngôn ngữ: eng
• Ký hiệu phân loại: 609.17 Historical, geographic, persons treatment
• Thông tin xuất bản: International Finance Corporation, Washington, DC, 2018
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 292096
• Chủ đề: 1. ACCESS TO FINANCE; 2. BLOCKCHAIN; 3. DISTRIBUTED LEDGER TECHNOLOGY; 4. EMERGING MARKET ECONOMIES; 5. TECHNOLOGY ADOPTION

Tóm tắt

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.