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...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/478901500630807240/Can-blockchain-technology-address-de-risking-in-emerging-markets http://hdl.handle.net/10986/30364 |
| Summary: | 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. |
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