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Distributed Ledger Technologies for Developing Asia

Author

Listed:
  • Ferrarini, Benno

    (Asian Development Bank)

  • Maupin, Julie

    (Max-Planck Institute for Comparative Public Law and International Law)

  • Hinojales , Marthe

    (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.

Suggested Citation

  • Ferrarini, Benno & Maupin, Julie & Hinojales , Marthe, 2017. "Distributed Ledger Technologies for Developing Asia," ADB Economics Working Paper Series 533, Asian Development Bank.
    • Handle: RePEc:ris:adbewp:0533
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    File URL: https://www.adb.org/sites/default/files/publication/388861/ewp-533.pdf
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    References listed on IDEAS

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    1. Anna, Petrenko, 2016. "Мaркування готової продукції як складова частина інформаційного забезпечення маркетингової діяльності підприємств овочепродуктового підкомплексу," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 2(1), March.
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    Cited by:

    1. Imad Antoine Ibrahim & Jon Truby, 2022. "Governance in the era of Blockchain technology in Qatar: a roadmap and a manual for Trade Finance," Journal of Banking Regulation, Palgrave Macmillan, vol. 23(4), pages 419-438, December.
    2. Naoyuki Yoshino & Tim Schloesser & Farhad Taghizadeh‐Hesary, 2021. "Social funding of green financing: An application of distributed ledger technologies," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 6060-6073, October.

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    More about this item

    Keywords

    blockchain; developing Asia; distributed ledger technology; financial technology;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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