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Search the World's Largest Database of Information Science & Technology Terms & Definitions

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Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Blockchain Technology

Chapter 3

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

This refers to the collection of technologies that can be put together to ensure that distributed ledger mechanisms work securely and more efficiently. The identifying factors of Blockchain are that the process is politically decentralised, it does not have an infrastructural point of failure, it offers self-sovereignty and trust, and it is attack resistant.

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.