kumoh national institute of technology
Networked Systems Lab.

Ikechi Saviour Igboanusi, Jae-Min Lee, and Dong-Seong Kim, "Blockchain Adoption in Rural Area: The role of Internet Penetration", 2020 Korean Institute of Communication and Sciences (KICS) Summer Conference, August 12-14, 2020, Yong Pyong Resort, Pyeongchang, Gangwon Province, Korea, [N8]
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Date : 2020-10-28
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This paper investigates the role of internet penetration on the adoption of blockchain for rural application. Areas of rural adoption includes financial services, agricultural product supply chain and election. This work first analyzed the factors affecting rural adoption, such as corruption, illiteracy, and lack of network infrastructure. Then we narrowed it down to network related factors. To emphasize on the importance of internet availability, we analyzed data from ITU to see how rural areas are disadvantaged by lack of internet. We also analyzed factors that affect internet penetration. And finally suggested possible solution which include the implementation of private to public transactions and the use of tokens. These are expected to argument the deficits of the current internet infrastructure, hence facilitate rural adoption.

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