In these situations, DLT could greatly increase efficiency. Emerging markets also stand to benefit by lower remittance costs and higher financial inclusion for currently unbanked populations. The World Bank has recently made headlines by issuing a bond to international investors, completely based on blockchain technology.
Third, I will try to explain how these complexities may turn good intentions into bad outcomes. Finally, I will look at the main issues that need to be tackled comprehensively to deal with the current stage of the crisis and will consider how to address the problem of limited public sector resources.