Blockchain: How to Develop Trust in Complex Surroundings to Generate Social Impact Value
This document presents blockchain technology for a non-technical audience. First, we give an overview of how it works and what are its features, covering what are transactions, blocks, consensus protocols or hash functions. Then, we move to a strategic approach with a blueprint to identify if the technology is useful for a specific use case, explaining how to identify if there is a need of decentralization, record, immutability, consensus, validation or transparency. Finally, we also address the field of cryptocurrencies in the annex.
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Language: | English |
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Inter-American Development Bank
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Subjects: | Decentralization, Transparency and Anticorruption, Exponential Technology, Blockchain, O30 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: General, blockchain;contratos inteligentes;cadena de bloques, |
Online Access: | http://dx.doi.org/10.18235/0001139 https://publications.iadb.org/en/blockchain-how-develop-trust-complex-surroundings-generate-social-impact-value |
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Summary: | This document presents blockchain technology for a non-technical audience. First, we give an overview of how it works and what are its features, covering what are transactions, blocks, consensus protocols or hash functions. Then, we move to a strategic approach with a blueprint to identify if the technology is useful for a specific use case, explaining how to identify if there is a need of decentralization, record, immutability, consensus, validation or transparency. Finally, we also address the field of cryptocurrencies in the annex. |
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