Distributed Ledger Technologies for Developing Asia

Benno Ferrarini (), Julie Maupin () and Marthe Hinojales ()
Additional contact information
Benno Ferrarini: Asian Development Bank
Julie Maupin: Max-Planck Institute for Comparative Public Law and International Law
Marthe Hinojales: Asian Development Bank

No 533, ADB Economics Working Paper Series from Asian Development Bank

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.

Keywords: blockchain; developing Asia; distributed ledger technology; financial technology (search for similar items in EconPapers)
JEL-codes: G21 M13 O33 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2017-12-20
New Economics Papers: this item is included in nep-pay, nep-ppm and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0533

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