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The technology that runs cryptocurrencies such as bitcoin could be used in many applications that contribute to sustainable development, from crop insurance to vaccine supply chains.
By Isabelle Durant, Acting Secretary-General of UNCTAD
By Perks Master Ligoya, Ambassador of Malawi, and Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD
Although many low and middle-income economies are unprepared for the new technological wave, some are punching above their weight, and a new UNCTAD report spotlights the overperformers.
UNCTAD’s Technology and Innovation Report 2021 warns, however, of serious implications for development objectives if poor communities are overwhelmed or left behind by the new technological wave.
Written by Helio Vicente, Article No. 71 [UNCTAD Transport and Trade Facilitation Newsletter N°89 - First Quarter 2021]
Switzerland replaced the Netherlands at the top of UNCTAD's Business-to-Consumer E-commerce Index 2020, which ranks 152 countries on their readiness to engage in online commerce.
The project and related guidelines will support interested African countries to assess the types of illicit financial flows relevant to their national contexts.
