Digital Innovation (blockchain) for Asset Registries (IADB-RG-T3046)

Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Nov 8, 2017


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Project Description
The objective of this TC is to build the foundation for a new architecture for asset registries in Latin America and the Caribbean (LAC) that allows for greater transparency, trust and automation, thereby enhancing the efficiency and impact of such registries to improve access to finance. This objective will be achieved through the design, development and test of a technical foundation for an open-source, public, infrastructure for asset registries using a Distributed Ledger architecture which, together with the use of clever cryptographic tools, make registries auditable, transparent and more resilient. Importantly, this foundation would be designed to support several different applications for different type of assets that can be built on top, thereby making this operation the initial building block towards a regional public good considering that the basic infrastructure will be open and public.
Investment Description
  • Inter-American Development Bank (IADB)
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).