Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/203371 
Year of Publication: 
2017
Series/Report no.: 
ADB Economics Working Paper Series No. 533
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
This paper takes a first pass at assessing areas of implementation for distributed ledger (or blockchain) technology in the context of development finance. It identifies five use cases, including digital identity, trade finance, project aid monitoring, smart energy, and supply chain management. A discussion of the main benefits, risks and implementation challenges suggests that experimentation with distributed ledger technology can produce immediate significant benefits in some areas, while others require further research and investment, as well as additional technical, infrastructural, or regulatory development. Development lenders can play a role in helping unleash these technologies' positive developmental impact throughout the Asian region.
Subjects: 
blockchain
developing Asia
distributed ledger technology
financial technology
JEL: 
G21
MI3
O33
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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