Potential Roles of Blockchain in Fighting Poverty and Reducing Financial Exclusion in the Global South

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Nir B. Kshetri, Professor (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: The visible effects of blockchain are already being noted in the Global South. This editorial presents early evidence linking the use of blockchain in overcoming economic, social, and political challenges facing economies in the Global South. Highlighted are the key applications and uses of blockchain in addressing these challenges. The political, social, and economic effects of blockchain are systematically evaluated. This essay demonstrates how blockchain can help promote transparency, build trust and reputation, and enhance efficiency in transactions.

Additional Information

Journal of Global Information Technology Management (20), 201-204
Language: English
Date: 2017
Blockchain, digital identity, financial exclusion, global South, poverty

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