To take advantage of the absence of developed products, services and infrastructure to establish an advanced method of service delivery over existing market offerings.
Published in Chapter:
Emerging Markets: The Innovative First Movers
Copyright: © 2019
|Pages: 18
DOI: 10.4018/978-1-5225-9578-6.ch004
Abstract
While most of the development and implementation of Blockchains has taken place in Western countries, arguably its greatest potential resides in emerging markets: Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Morocco, Qatar, Peru, Philippines, Poland, Russia, South Africa, South Korea, Taiwan, Thailand, Turkey, and United Arab Emirates – all countries that are evolving and disrupting traditional methods of production like agriculture and the export of raw materials to invest in modern manners of productive capacity. This chapter examines the sectors in which Blockchain is being used to innovate in emerging markets to enable financial inclusion, improved asset and supply chain management, education, and healthcare.