Ideas to Action:

Independent research for global prosperity

CGD in the News

July 31, 2017

New Initiative Aims to Deliver on the Promise of Blockchain for Identity (Devex)

From the article:

The key constraints to blockchain moving forward will extend beyond the scope of technology, reads a report released by the Center for Global Development earlier this month.

“For blockchain-based solutions to reach their full potential in this space, governments and development organizations first need to take steps that they have often resisted in the past,” reads the report. “The good news is that excitement about the technology has already generated more interest (and investment) by some of these organizations in addressing these underlying challenges.”

Read full article here.

July 31, 2017

Aid & Development Links: Rohinyga Asylum Seekers, Blockchain Tech Potential and More (The Lowy Institute)

From the article:

Michael Pisa and Matt Juden discuss how Blockchain Technology can be harnessed for development, and what impediments remain in the way.

IMF Managing Director Christine Lagarde sat down with Masood Ahmed at the Centre for Global Development to discuss the most pressing global economic challenges. Video here.

 

Read full article here.

July 20, 2017

Non-Profits See Blockchain Vision, But Face Harsh Realities (Coindesk)

From the article:

Although Wall Street pundits and big bank proofs-of-concept often steal the bulk of the attention, they're not the only global groups with an interest in blockchain technology.

In fact, behind the scenes, the world's largest and most influential non-profits and multilateral organizations are turning to blockchain solutions as a way to improve social and economic outcomes in the developing world...

"Everyone is kind of in the same place in the development community: everyone wants to be on the cutting edge, but they’re making what can be life or death decisions in terms of aid distribution, so they have to get these things right,” said Michael Pisa, a policy fellow at the Center for Global Development.

The author of a soon-to-be-released research paper on how development organizations should be approaching blockchain, Pisa highlights the multiplicity of use cases for blockchain as a development tool.

These include how it could be applied to aid disbursement, international payments, digital identity and property rights, but he argues that a premature utilization of the technology could have adverse consequences.

Read full article here.