How Can Blockchain Contribute to Developing Country Economies? A Literature Review on Application Areas
نویسندگان
چکیده
Abstract Blockchain technology originally finding applications in Fintech and supply chain management is rapidly expanding to other industries as well the public sector. “Blockchain has been compared invention of internet its comprehensive impact on almost every industry.” R. Beck B. Markey-Towler (2017) A recent study by PWC (2020) found that, potential boost global gross domestic product $1.76 trillion USD over this decade.” It argued that digital revolution favored more developed nations helped create a “digital divide” with less nations. Business governmental infrastructure developing have lagged Some these challenges faced include registration property ownership, financial systems, modern efficient chains often accompanied lack trust ability verify audit organizational processes economically. promise address many critical needs countries internally external trade relationships help enable them be competitive. This paper will review literature examine how adoption may ameliorate for helping improve governance economic benefits are shared equitably. Potential both positive negative impacts discussed along policy implications makers private enterprises.
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ژورنال
عنوان ژورنال: Economics (Bijeljina)
سال: 2022
ISSN: ['2303-5005', '2303-5013']
DOI: https://doi.org/10.2478/eoik-2022-0009