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Trusting Records: Is Blockchain Technology the Answer?

Trusting Records: Is Blockchain Technology the Answer? PurposeThis paper seeks to explore the value of Blockchain technology as a solution to creating and preserving trustworthy digital records, presenting some of the limitations, risks and opportunities of the approach.Design/methodology/approachThe methodological approach involves using the requirements embedded in records management and digital preservation standards, specifically ISO 15489, ARMA’s Generally Accepted Recordkeeping Principles, ISO 14721 and ISO 16363, as a general evaluative framework for a risk-based assessment of a specific proposed implementation of Blockchain technology for a land registry system in a developing country.FindingsThe results of the analysis suggest that Blockchain technology can be used to address issues associated with information integrity in the present and near term, assuming proper security architecture and infrastructure management controls. It does not, however, guarantee reliability of information in the first place, and would have several limitations as a long-term solution for maintaining trustworthy digital records.Originality/valueThis paper contributes an original analysis of the application of Blockchain technology for recordkeeping. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Records Management Journal Emerald Publishing

Trusting Records: Is Blockchain Technology the Answer?

Lemieux, Victoria Louise
Records Management Journal , Volume 26 (2) – Jul 18, 2016
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26 pages

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0956-5698
DOI
10.1108/RMJ-12-2015-0042
Publisher site
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Abstract

PurposeThis paper seeks to explore the value of Blockchain technology as a solution to creating and preserving trustworthy digital records, presenting some of the limitations, risks and opportunities of the approach.Design/methodology/approachThe methodological approach involves using the requirements embedded in records management and digital preservation standards, specifically ISO 15489, ARMA’s Generally Accepted Recordkeeping Principles, ISO 14721 and ISO 16363, as a general evaluative framework for a risk-based assessment of a specific proposed implementation of Blockchain technology for a land registry system in a developing country.FindingsThe results of the analysis suggest that Blockchain technology can be used to address issues associated with information integrity in the present and near term, assuming proper security architecture and infrastructure management controls. It does not, however, guarantee reliability of information in the first place, and would have several limitations as a long-term solution for maintaining trustworthy digital records.Originality/valueThis paper contributes an original analysis of the application of Blockchain technology for recordkeeping.

Journal

Records Management Journal – Emerald Publishing

Published: Jul 18, 2016

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