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

International Journal of Information Studies and Libraries

Volume 7 Issue 1

Published: 2022
Author(s) Name: Duragappa, Sheshadri K. N. | Author(s) Affiliation: Presidency University, Bengaluru, Karnataka, India.
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Abstract

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.

Keywords: Blockchain Technology, Academic Libraries

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