| Notes |
Progress to Date — From Mexico to Ukraine
This research began in 2016, and originally focused on blockchain-based land title. This grew into a knowledge partnership with the Mexican ministries of Finance and Economy, which in turn motivated a pivot to the warehouse receipt use case, per Mexico’s priorities and a compelling opportunity to promote financial inclusion. 2016 stakeholder interviews and warehouse visits in Mexico informed the development of the first b_verify prototype in 2017. Upon seeing a demo, the Inter-American Development Bank joined the Digital Currency Initiative and contributed funding to further research with the aim of piloting b_verify in Latin America. Meanwhile, new members to the research team from Ukraine motivated an examination of that country’s warehouse receipt system and potential as a pilot destination. 2018 stakeholder interviews and warehouse visits in Ukraine provided valuable insights, which are now informing the development of an updated protocol, pilot kit, and associated papers. This project has received funding from the Legatum Center for Entrepreneurship and Development. |