Blockchain Technology and its implication in libraries

Abstract

cryptocurrencies have rapidly evolved into a transformative digital innovation with potential applications across multiple sectors, including libraries and information centers. This paper explores the adoption of blockchain in libraries, highlighting its capacity to improve transparency, security, decentralization, and efficiency in various library operations. From digital rights management to interlibrary loans and privacy protection, blockchain enables secure, traceable, and tamper-proof systems that enhance user trust and service delivery. The study further discusses the types and features of blockchain—decentralization, transparency, and immutability—while also examining practical implementations such as LibChain and platforms like Publica. Despite its potential, the paper also addresses critical challenges such as legal ambiguities, scalability issues, interoperability gaps, and governance complexities that must be resolved for successful integration. Conclusively, the paper advocates for strategic planning, collaborative governance, and further research to realize blockchain’s full potential in the library ecosystem.