This report is intended to introduce readers to current developments in distributed ledger technology, or blockchain, with the vantage point of possible benefits to emerging markets.

The six chapters that follow provide an overview of the technology (Chapter 1) and its unfolding applications in emerging markets (Chapter 2). Chapter 3 examines whether blockchain can be used to mitigate de-risking by financial institutions. Chapters 4 and 5 look more closely at the financial services sector, including an overview of how blockchain affects plays into the wider spectrum of financial technology (fintech) innovations and the resulting provision of financial services (Chapter 4), and an analysis of blockchain’s contribution to reaching the unbanked and underbanked in various emerging markets, including in Latin America, Asia and countries in Sub-Saharan Africa (Chapter 5). Finally, Chapter 6 looks “beyond fintech” and explores how developments in applied blockchain technology can impact agribusiness, drug safety and more generally provide enforcement tools to promote the reach of sustainable and inclusive business.

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http://www.ifc.org/wps/wcm/connect/8a338a98-75cd-4771-b94c-5b6db01e2797/IFC-EMCompass-BlockchainReport_WebReady.pdf?MOD=AJPERES&CID=IFC_TT_IFC_EN_EXT