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What is Immutable

Chapter 3

Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector

An immutable record object is one whose state cannot be modified after it is created, except through a ‘consensus’ mechanism involving all other participants. This implies that a records cannot be altered or deleted once it has been created, unless consensus is achieved.

Published in Chapter:

Blockchain Technology for Records Management in Botswana and Zimbabwe

Olefhile Mosweu (University of Johannesburg, South Africa) and Forget Chaterera-Zambuko (Sorbonne University, Abu Dhabi, UAE & University of South Africa, South Africa)

Source Title: Industry Use Cases on Blockchain Technology Applications in IoT and the Financial Sector

DOI: 10.4018/978-1-7998-6650-3.ch003

Abstract

The fourth industrial revolution (4IR) has ushered in several emerging and disruptive technologies. Southern Africa's records management practices have for a long time been reported to lag behind in embracing new technologies. Several studies have revealed lack of requisite skills to manage electronic records while others still lament the un-procedural management of paper records. The intention of this chapter is, therefore, to initiate a discourse that challenges information management practitioners to embrace disruptive technologies lest they themselves get disrupted. There are several emerging technologies, but this chapter focuses on blockchain technology and its possible benefits for records management. Guided by the technology acceptance model, the study established that archivists and records managers in Botswana and Zimbabwe would adopt blockchain if it is easy to use and useful for records management. The chapter ends by proposing a model for the adoption of blockchain technology for records management.