Exploring Blockchain Applications to Agricultural Finance
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World Bank, Washington, DC
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Identifying use cases for emerging
technologies to reach financially excluded smallholders
means looking beyond the hype to develop a clear
understanding of these technologies’ unique features, costs,
and benefits. And because few innovations have generated as
much hype as distributed ledger technologies (DLT), more
commonly referred to as blockchain, Consultative Group to
Assist the Poor (CGAP) set out to understand how this
emerging technology could enable broader and more inclusive
markets for agricultural finance. This Brief summarizes
CGAP’s approach and offers insights into the applicability
of DLT to agricultural finance in a developing country
context. Importantly, this Brief does not attempt to provide
comprehensive background on the technology itself while
additional resources are provided for readers who would like
a deeper understanding of this evolving space.
Palabras clave
BLOCKCHAIN, AGRICULTURAL FINANCE, DISTRIBUTED LEDGER TECHNOLOGY