The United Nations Research Institute for Social Development has released a new paper that explores the potential for digital currency Bitcoin to facilitate what author Brett Scott describes as ‘truly empowering social and solidarity-based finance’.
“Bitcoin has been ambivalently received by many in international development circles,” the report states. “Despite this, the question of whether Bitcoin can be harnessed to build [a] new means of solidarity-based finance remains unanswered. This paper sketches out some key issues practitioners should consider when thinking about cryptocurrency technology.”
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Access also UNRISD Working Paper "How Can Cryptocurrency and Blockchain Technology Play a Role in Building Social and Solidarity Finance?