Blockchain technology and its application in libraries

Abstract

Blockchain technology is mainly used for trading securely in a digital environment by verifying and storing a transaction record in a distributed and time stamp manner. However, there are several other areas also where blockchain technology can be implemented. This technology is distributed, making it difficult for transactions to be counterfeit, duplicated, or faked. This article provides insight into how blockchain technology works and examines its innovative current and future uses in various branches of libraries.