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Potential roles of blockchain in fighting poverty and reducing financial exclusion in the global south

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  • Nir Kshetri

Abstract

The visible effects of blockchain are already being noted in the Global South. This editorial presents early evidence linking the use of blockchain in overcoming economic, social, and political challenges facing economies in the Global South. Highlighted are the key applications and uses of blockchain in addressing these challenges. The political, social, and economic effects of blockchain are systematically evaluated. This essay demonstrates how blockchain can help promote transparency, build trust and reputation, and enhance efficiency in transactions.

Suggested Citation

  • Nir Kshetri, 2017. "Potential roles of blockchain in fighting poverty and reducing financial exclusion in the global south," Journal of Global Information Technology Management, Taylor & Francis Journals, vol. 20(4), pages 201-204, October.
    • Handle: RePEc:taf:ugitxx:v:20:y:2017:i:4:p:201-204
    DOI: 10.1080/1097198X.2017.1391370
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    Cited by:

    1. Bhimani, Alnoor & Hausken, Kjell & Arif, Sameen, 2022. "Do national development factors affect cryptocurrency adoption?," Technological Forecasting and Social Change, Elsevier, vol. 181(C).
    2. Ilya Ivaninskiy & Irina Ivashkovskaya & Joseph A. McCahery, 2023. "Does digitalization mitigate or intensify the principal-agent conflict in a firm?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(3), pages 695-725, September.
    3. Hoque, Md Mahfuzul & Kummer, Tyge-F. & Yigitbasioglu, Ogan, 2024. "How can blockchain-based lending platforms support microcredit activities in developing countries? An empirical validation of its opportunities and challenges," Technological Forecasting and Social Change, Elsevier, vol. 203(C).
    4. Nir Kshetri, 2023. "The nature and sources of international variation in formal institutions related to initial coin offerings: preliminary findings and a research agenda," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-38, December.
    5. Edina Berlinger & Katalin Dobránszky-Bartus & György Molnár, 2021. "Overdue Debts and Financial Exclusion," Risks, MDPI, vol. 9(9), pages 1-20, August.
    6. Simplice A. Asongu & Jacinta C. Nwachukwu & Aqsa Aziz, 2018. "Determinants of Mobile Phone Penetration: Panel Threshold Evidence from Sub-Saharan Africa," Journal of Global Information Technology Management, Taylor & Francis Journals, vol. 21(2), pages 81-110, April.
    7. Fosso Wamba, Samuel & Queiroz, Maciel M. & Trinchera, Laura, 2020. "Dynamics between blockchain adoption determinants and supply chain performance: An empirical investigation," International Journal of Production Economics, Elsevier, vol. 229(C).
    8. Kamble, Sachin S. & Gunasekaran, Angappa & Kumar, Vikas & Belhadi, Amine & Foropon, Cyril, 2021. "A machine learning based approach for predicting blockchain adoption in supply Chain," Technological Forecasting and Social Change, Elsevier, vol. 163(C).

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