Blockchain Technology Transforming Libraries and Financial Services Towards Inclusive Development
N. P. Kowsick, K. Ramasamy · Advances in library and information science (ALIS) book series · 2024
This chapter delves into detailed case studies of successful blockchain implementations in the domains of libraries and financial services, with a particular focus on financial inclusion. By examining real-world examples, the authors highlight how blockchain technology has been utilized to enhance the efficiency, transparency, and accessibility of library systems and financial services, particularly for underserved populations. The case studies include initiatives such as decentralized library networks, blockchain-based digital rights management, blockchain-verified educational credentials, and blockchain-enabled microfinance solutions. Each case study provides an in-depth analysis of the project objectives, implementation process, outcomes, and the challenges faced along the way. Lessons learned and best practices are distilled from these experiences, offering valuable insights for practitioners and policymakers looking to leverage blockchain technology for advancing library services and promoting financial inclusion.