LEADER 02743cam a22004215i 4500001    99131234565606421
005    20180416162019.0
006    m        d
007    cr cn|||||||||
008    020129s2017    dcu     o    i00  0 eng^^
024 7  10.1596/29053 |2doi
035    (CKB)4920000001210598
035    (The World Bank)29053
035    (US-djbf)29053
035    (EXLCZ)994920000001210598
040    DJBF |beng |cDJBF |erda
100 1  Natarajan, Harish.
245 10 Distributed Ledger Technology and Blockchain / |cHarish Natarajan.
264  1 Washington, D.C. : |bThe World Bank, |c2017.
336    text |btxt |2rdacontent
337    computer |bc |2rdamedia
338    online resource |bcr |2rdacarrier
347    data file |2rda
490 1  Other papers
520 3  The 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.
650  4 Access to Finance
650  4 Finance and Financial Sector Development
650  4 Financial Intermediation
650  4 Financial Regulation and Supervision
650  4 Financial Structures
650  4 Information and Communication Technologies
650  4 Information Technology
650  4 Science and Technology Development
650  4 Technology Innovation
700 1  Gradstein, Helen.
700 1  Krause, Solvej.
700 1  Natarajan, Harish.
830  0 Other papers.
830  0 World Bank e-Library.
906    BOOK