Publication:
Distributed Ledger Technology and Blockchain

Simple item page
dc.contributor.authorNatarajan, Harish
dc.contributor.authorKrause, Solvej
dc.contributor.authorGradstein, Helen
dc.date.accessioned2017-12-19T21:13:08Z
dc.date.available2017-12-19T21:13:08Z
dc.date.issued2017
dc.description.abstractThe financial sector is currently undergoing a major transformation, brought about by the rapid development and spread of new technologies. The confluence of ‘finance’ and ‘technology’ is often referred to as ‘Fintech’, typically describing companies or innovations that employ new technologies to improve or innovate financial services. ‘Fintech’ developments are seen across all areas of the financial sector, including payments and financial infrastructures, consumer and SMElending, insurance, investment management, and venture financing. This note on distributed ledger technology (DLT) and blockchains is part of a series of short notes that explore new trends and developments in Fintech and analyze their potential relevance for WBG activities. Forthcoming notes in this series will cover marketplace lending, ‘InsureTech’, and other topics. This note outlines the mechanisms, origins, and key characteristics of DLT; the difference between ‘public’ and ‘private’ DLT; the technology’s main advantages, challenges, and risks; relevant examples of DLT applications (with a focus on financial sector applications); and a brief overview of activities by governments, multilateral organization, and other stakeholders in this space. Finally, this note proposes next steps for the World Bank to study and evaluate areas where DLT could potentially be integrated into World Bank financial sector operations.en
dc.identifierhttp://documents.worldbank.org/curated/en/134831513333483951/FinTech-note
dc.identifier.doi10.1596/29053
dc.identifier.urihttps://hdl.handle.net/10986/29053
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesFinTech Note;No. 1
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectDISTRIBUTED LEDGER TECHNOLOGY
dc.subjectDLT
dc.subjectBLOCKCHAIN
dc.subjectFINANCIAL INCLUSION
dc.subjectDIGITAL CURRENCY
dc.subjectCRYPTOCURRENCY
dc.subjectCONTRACTS
dc.titleDistributed Ledger Technology and Blockchainen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleDistributed Ledger Technology and Blockchain
okr.date.disclosure2017-12-15
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/134831513333483951/FinTech-note
okr.guid134831513333483951
okr.identifier.doi10.1596/29053
okr.identifier.externaldocumentum090224b08548445e_2_0
okr.identifier.internaldocumentum29272269
okr.identifier.report122075
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/134831513333483951/pdf/WP-PUBLIC-Distributed-Ledger-Technology-and-Blockchain-Fintech-Notes.pdfen
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.topicFinance and Financial Sector Development::Financial Structures
okr.topicInformation and Communication Technologies::Information Technology
okr.topicScience and Technology Development::Technology Innovation
okr.unitF&M GP GST2- 2B Incl & Access (GFM2B)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WP-PUBLIC-Distributed-Ledger-Technology-and-Blockchain-Fintech-Notes.pdf
Size:
1.09 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WP-PUBLIC-Distributed-Ledger-Technology-and-Blockchain-Fintech-Notes.txt
Size:
178.08 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Other papers