Blockchain Technology

Author:

Lawlor Bonnie

Abstract

Abstract I first heard of blockchain technology at a conference in 2017 when Christopher Wilmer, Assistant Professor at the University of Pittsburgh and Managing Editor of Ledger, [1] gave a presentation on the technology. While he did mention Bitcoin and other cryptocurrencies with which the technology was originally associated, Wilmer’s talk explained how his journal uses blockchain for proof-of-publication. He commented that as a data-storage mechanism, “blockchains are well-suited to be used in scholarly publishing because they are extremely resilient, tamper-proof, practically indestructible databases; there is no single point of failure or cost of operation; and there is an incontrovertible proof-of-publication date, even across countries and institutions whose incentives are not aligned (which is sometimes a point of contention for scientists racing to discover cure/new theorem/etc.)” [2].

Publisher

Walter de Gruyter GmbH

Subject

Community and Home Care

Reference15 articles.

1. Ledger, launched in 2015, is the first peer-reviewed journal for publishing original research on cryptocurrency and related subjects; https://ledgerjournal.org/ojs/ledger, (last accessed 16 February 2020).

2. Lawlor, B., “An Overview of the NFAIS 2017 Annual Conference: The Big Pivot: Re-Engineering Scholarly Communication,” Information Services and Use, Vol. 37, No. 3, pp. 283 - 306, 2017. http://doi.org/10.3233/ISU-170854 (last accessed 16 February 2020).

3. Yaga, D., Mell., P., Roby, N., Scarfone, K., NISTIR 8202 Blockchain Technology Overview, National Institute of Standards and Technology, U. S. Department of Commerce, January 2018.

4. Merkle Trees, Wikipedia, see; https://en.wikipedia.org/wiki/Merkle_tree (last accessed 16 February 2020).

5. “Blockchain: Background and Policy Issues,” Congressional Research Services Report R45116, https://crsreports.congress.gov/product/pdf/R/R45116 (last accessed 16 February 2020).

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