20-what.md

[ Intro ] -- [ Why ] -- [ What ] -- [ How ]

What

Mapping Problem Areas to Potential Actions

On this page we identify action items that can be tied back to the problems/opportunities identified previously in our exploration of ‘why’ for blockchain technology in the region. Each action is mapped against the specific problem/opportunity it addresses.

In the instances where there are entities currently working on specific actions, those efforts are linked back to the relevant actions here from our identification of ‘how’ page.

Overview

• Caribbean-specific
  • 🌴 Economic growth
  • 🌴 Underdeveloped digital services
  • 🌴 Loosely connected region
  • 🌴 Small countries
• Blockchain-specific
  • 🔗 New technology
  • 🔗 Finding credibility
  • 🔗 Misinformation
  • 🔗 Illegitimate schemes and scams

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Caribbean-Specific Areas

🌴 Economic growth

#	Action items	Description
1.	Develop Competitive Advantages	Work on identifying and researching region-specific "unique selling points". Work with local partners to develop these into offerings that can be marketed to the rest of the world to attract talent, projects & investment. e.g. work that's been done in Bermuda

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🌴 Underdeveloped digital services

#	Action items	Description
2.	Explore Public Sector Implementations	Gather insight on local public sector systems and offer advice on how this new technology might enhance or replace existing systems.
3.	Explore Private Sector Opportunities	Offer insights on (help develop) private sector activities that can be pursued to support the adoption of the technology. Offer insights on (help develop) new products/services from this new technology that may be used to enhance existing private sector activities.

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🌴 Loosely connected region

#	Action items	Description
4a.	Research Past Regional Integration Initiatives	Conduct explorations into past & current attempts to connect the Caribbean region in various ways. Look into how these have succeeded and where they might have failed. e.g. WI Federation, British Caribbean Currency Board, CARICOM etc.
4b.	Explore New Regional Integration Possibilities	Explore potential new integrations that may be possible now because of advances brought about from this space.

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🌴 Small countries

#	Action items	Description
5.	Lobby Local Institutions	Support local member efforts in approaching various institutions and driving the blockchain adoption agenda.
6.	Build Pan-Caribbean Networks/Repositories	Create shared resources and connections that can amplify the efforts of individuals and groups in their own jurisdictions.

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Blockchain-Specific Areas

🔗 New technology

#	Action items	Description
7a.	Develop Knowledge Capacity	Focus on keeping abreast of the latest developments in the space through a mix of passive research and active contributions to progress in the space.
7b.	Contribute Perspectives Based on Unique Insight	Leverage knowledge of the space in various ways to help progress both national and regional agendas. e.g. advising on regulations, facilitating strategic implementations of the technology etc.
7c.	Share Knowledge Gained	Share knowledge of the space back to individuals and institutions in various ways. Key groups can include the general public, the business community, government officials and persons from local tech communities.

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🔗 Finding credibility

#	Action items	Description
8.	Aggregate Resources & Influence	Leverage pan-regional presence to provide credibility to targeted efforts in individual countries.

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🔗 Misinformation

#	Action items	Description
9.	Dispel Myths & Misinformation	Conduct research, do analysis and provide reasoned opinions on general criticisms of the space and technology as they arise.

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🔗 Illegitimate schemes and scams

#	Action items	Description
10.	Denounce Illegitimate Schemes/Scams	Conduct research, do analysis and provide reasoned opinions on ventures that appear to be illegitimate and that may hurt persons who find themselves involved in these ventures. (Develop a living rubric that can be applied to probabilistically find fraudulent projects)

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