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Blockchain for Development: A Guiding Framework - 2021

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Research Paper on Blockchain for Development: A Guiding Framework

Research Area:  Blockchain Technology

Abstract:

To understand opportunities Blockchain o?ers for development, we propose a novel framework that considers Business-, Society-, Economy & Finance-, Technology-, and Policy-related factors. It illustrates the complex and multifaceted role of Blockchain in development and is useful in guiding research e?orts, formulating actionable advice, and promoting development. We created it methodically, drawing from systematic literature reviews and the authors’ experience with Blockchain and development. Adequately designed and deployed Blockchain systems are relevant contributions that can help address problems that a?ict our society, making it more inclusive, fair, and resilient. Solutions that many countries have already adopted in various sectors (e.g. public, ?nancial, business, technology, education) demonstrate the importance of Blockchain to advance development. Further, less developed countries have a window of opportunity to avoid the typical lag in the adoption of Information and Communication Technologies and make quantum leaps that will put them on par with more developed counterparts.

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Author(s) Name:  Paulo Rupino Cunha, Piotr Soja, Marinos Themistocleous

Journal name:  Information Technology for Development

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Publisher name:  ResearchGate

DOI:  10.1080/02681102.2021.1935453

Volume Information:  Volume 27, (2021)