Blockchain in the Global South: Opportunities and Challenges for Businesses and Societies

Given that in many way blockchain has a much higher value proposition for economies in the Global South than for their counterparts in the more developed Global North, it has the potential to make up for the lack of effective formal institutions — rules, laws, regulations, and their enforcement — as well as improve administrative aspects, such as maintenance of standards, monitoring and compliance. This work fills a gap in scholarly research and will appeal to researchers interested in the potential of blockchain to boost entrepreneurship, reshape governance, improve supply chain efficiency, and curb corruption in emerging economies.