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Blockchain - from bitcoin to developing Countries

|Comments and Research
17 April 2018

Blockchain If it's true that blockchain has the potential to transform the development sector, what are the conditions that will be required for this technology to scale up? It's to answer that question that World Bank recently launched a blockchain lab.

In summer 2017 World Bank launched a blockchain lab "as part of a bid to pilot projects that can improve governance and social outcomes in the developing world" says Aaron Stanley in his articles on CoinDesk.com.

The laboratory should serve "as a forum for learning, experimentation and collaboration" of blockchain, i.e. a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly. 

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