Application of Blockchain in Libraries and Information Centers

Abstract

This chapter explored the concept and application of blockchain technology in libraries and information centers. Blockchain is one of the emerging technologies thriving in the fourth industrial revolution. It is the application of cryptography for creating a time-stamped, immutable, and dynamic database, distributed across nodes in a network. Although its emergence began with cryptocurrencies, advancement in this technology has given birth to a fourth generation of blockchain with industrial disruptive capabilities, cutting across various fields including library and information science. Accordingly, the application of blockchain in libraries and information centers was thoroughly examined. Specifically, the chapter underscored the application of blockchain in circulation services, collection development, storage and archiving of records, research data management, cataloging and classification, indexing and abstracting, digital first right (DFR), etc. Lastly, the merits and demerits of blockchain in libraries and information centers were furnished accordingly.