Our cooperation partner Frankfurt School Blockchain Center has published a new working paper:

• “Solving Challenges in Developing Countries with Blockchain Technology” [Medium, PDF]

Blockchain technology can solve development problems as it improves existing instruments and enables the development of new ones.

Blockchain-based applications particularly address institutional weaknesses and financial inclusion because they restrict deception, corruption and uncertainties.

In the future, the blockchain can also be a development vehicle empowering people directly and mitigating power asymmetries.