World Bank Launches a Blockchain Lab to Pilot Potential Projects

The world’s largest multilateral development bank is launching a blockchain lab as part of a bid to pilot projects that can improve governance and social outcomes in the developing world.

The World Bank, based in Washington, DC, officially launched the venue Tuesday morning to serve as a forum for learning, experimentation and collaboration on distributed ledger technology. The blockchain lab will now seek to bring together internal and external participants to work on blockchain use cases of significance to the bank’s more than 80 client countries.

Core focus areas will include land registry, digital identity, aid distribution and financial infrastructure.

Read more here: http://www.coindesk.com/end-poverty-restore-trust-world-bank-dives-into-blockchain-with-lab-launch/