Connecting Blockchain Technology with Libraries: Opportunities and Risks (original) (raw)

An Introduction to Blockchain Technology and Its Application in Libraries

Library Philosophy and Practice (e-journal), 2021

The concept of blockchain technological came into existence from the first cryptocurrency, Bitcoin. It is a very new, complex and trusted technology, and researchers are working continuously to find a way to apply this disruptive technology in different areas. This paper discusses a brief concept about the blockchain and the application of blockchain technology in libraries & information centres to enhance better library and information services in the future, as well as at present. This paper provides a basic understanding of blockchain technology, like what blockchain and blockchain technology is, its features, advantages, types, and how it will be helpful in education and libraries? Blockchain is a very disruptive technology that can reconfigure all aspects of society and its operations. This technology is immutable and distributed, making it difficult for transactions to be changed, duplicated, or faked. The study is an initiative to make library professionals aware of this emerging disruptive technology and guide them in taking some actions for the appropriate application of blockchain technology in libraries.

Application of blockchain technology to 21st century library services: Benefits and best practices

Data & Metadata

The fourth industrial revolution has paved the way for emerging technologies, and among them, blockchain stands out for its unprecedented ability to create and trade value in library organizations. This research paper explores the potential application of blockchain technologies in 21st-century library services. By conducting a systematic analysis of the literature, this study examines how libraries can harness blockchain to support innovative services and meet global demands. The study suggests that the recent advancements in blockchain have led to a fourth generation of the technology, which possesses disruptive capabilities across diverse fields, including library and information science. The paper proposes that blockchain can enhance library services such as collection development, circulation services, research, data management, and storage. It is important to note that this paper represents the original ideas of the authors and does not rely on copyrighted materials. Furthermo...

Blockchain: A New Technology in Library System and Management

Handbook of Research on Advancements of Contactless Technology and Service Innovation in Library and Information Science (pp. 211-230), IGI Global, 2023

This chapter provides an overview of blockchain technology and its potential use in library and information centers. It explains the main components of blockchain technology, including nodes, transactions, blocks, and chains, and the different types of blockchain networks. The three pillars of blockchain technology, namely decentralization, transparency, and immutability, are also discussed. The chapter highlights the advantages of using blockchain in libraries, including digital preservation, tracking, and data storage. It also notes the challenges in implementing blockchain technology in libraries, such as complex architecture and start-up costs. Despite the obstacles, the potential benefits of blockchain in libraries are significant. The chapter concludes by highlighting the importance of further research and development in this field, and how emerging technologies like blockchain could shape the future of libraries and information centers.

Embracing Blockchain Technology in Academic Libraries in Indian Scenario: A Conceptual Study

International Journal of Information Studies & Libraries, 2022

In this computerised world with expanding Web access, the blockchain innovation can be utilised to ratify and store online exchange records like Bitcoin. In this process, it is very tough to abrogate, repudiate, and fake the transactions. Once data or information is stored in blockchain, it is highly impossible to tamper, duplicate, or erase it. The blockchain is used to increase the security in transferring of things, such as money, property, contracts, and so on. Libraries are involved in many online transactions. Therefore, it is best to adapt blockchain technology in libraries, as they are always involved in gathering, preserving, and sharing authoritative information. Here, the authors have made an attempt to find ways to implement blockchain technology in the libraries in the Indian scenario. Initially, the authors studied the present status of blockchain technology in the libraries. Later, the authors identified places where blockchain technology could be implemented, and thus increase security. The authors have explained the concept of blockchain technology, how it works, how to install it, use it, and so on. Also, the advantages and disadvantages of blockchain technology are listed.

An Introduction to the Blockchain and Its Implications for Libraries and Medicine

Medical Reference Services Quarterly, 2017

The blockchain is a relatively new technology used to verify and store transaction records for online cryptocurrencies like Bitcoin. The system is redundant and distributed, making it difficult for transactions to be rescinded, duplicated, or faked. Beyond online currencies, the blockchain has potential uses in health care, education, and many other fields. This column will briefly describe what the blockchain is and how it is being used, potential future uses that may be of interest to librarians and medical practitioners, and some of the problems with the system.

Challenges of Using Blockchain in the Education Sector: A Literature Review

Applied Sciences

Blockchain is one of the latest innovations that is increasingly attracting the attention of various stakeholders in different fields, including the education sector. This is primarily due to its attractive features, such as decentralization, transparency, traceability, security, and reliability. Despite its advantages, blockchain still faces several challenges, and the acceptance rate of this technology is still low. Thus, the purpose of this study was to conduct a review of published articles that have discussed the challenges of adopting blockchain in the education sector. The review contained scientific papers published from 2017 to 2022 and, from the screened records, 32 articles were analyzed in full-text form. In this review, 14 challenges were reported and classified, based on the technology-organization-environment (TOE) framework. In addition, this review showed that organizational and environmental barriers received little attention in the literature, compared to technolo...

Implementation of Blockchain Technology in Schools

JURNAL ILMIAH GLOBAL EDUCATION, 2023

The purpose of this study was to determine the level of understanding of schools with blockchain technology. The method used in this research is a literature study approach. Data collection through library research. Based on research data, researchers understand that the application of blockchain-based technology in schools plays a very important role because it makes it easier for teachers to teach, makes it easy for students to understand the material with a simple design, and makes teaching more effective and can control students well. Apart from this, blockchain makes it easy for transactions to pay school finances quickly and all data is recorded neatly without having to record it one by one.