Identifying use cases for emergingtechnologies to reach financially excluded smallholdersmeans looking beyond the hype to develop a clearunderstanding of these technologies’ unique features, costs,and benefits. And because few innovations have generated asmuch hype as distributed ledger technologies (DLT), morecommonly referred to as blockchain, Consultative Group toAssist the Poor (CGAP) set out to understand how thisemerging technology could enable broader and more inclusivemarkets for agricultural finance. This Brief summarizesCGAP’s approach and offers insights into the applicabilityof DLT to agricultural finance in a developing countrycontext. Importantly, this Brief does not attempt to providecomprehensive background on the technology itself whileadditional resources are provided for readers who would likea deeper understanding of this evolving space.
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