Exploring the potential for blockchains in fragile states

Abstract

Blockchains have been hailed as a game-changing institutional technology. Most of the analysis of blockchains focuses on their uses in the Global North. Though there is increasing consideration of their uses in the Global South, few studies consider the uses of blockchains in fragile states. In this paper, we consider the potential for blockchain deployments by governments, international organizations, and citizens in fragile states. We find that government deployments are unlikely in fragile states, though blockchains can be useful through their increasing use by aid organizations and by providing people with opportunities, such as access to cryptocurrencies. Blockchains may be revolutionary, but the extent to which they have improved the lives of people in fragile states is questionable.