Decentralizing Data Governance: Blockchain's Role in Securing and Sharing Information
Session
Information Systems
Description
Blockchain technology is revolutionizing data governance by providing a secure, transparent, and decentralized approach to data sharing. It is particularly beneficial for industries such as healthcare, finance, education, government services, and supply chain management, because of its distributed ledger system, which en-sures data integrity, reduces the risk of tampering, and eliminates the need for in-termediaries. By enhancing traceability and trust, blockchain simplifies adminis-trative processes and boosts stakeholder confidence in data management. This paper examines blockchain’s role in decentralizing data governance, highlighting its applications across various sectors and its impact on transparency and security. Key challenges such as scalability, interoperability, and regulatory compliance are also explored as essential considerations for successful implementation. The study demonstrates blockchain’s potential to reshape information governance by promoting efficient, reliable, and secure data-sharing practices, setting the stage for a more decentralized and collaborative future in data management.
Keywords:
Blockchain, decentralized governance, data sharing, information security, trans-parency
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-15-3
Location
UBT Kampus, Lipjan
Start Date
25-10-2024 9:00 AM
End Date
27-10-2024 6:00 PM
DOI
10.33107/ubt-ic.2024.290
Recommended Citation
Neziri, Vehbi and Abazi, Blerton, "Decentralizing Data Governance: Blockchain's Role in Securing and Sharing Information" (2024). UBT International Conference. 3.
https://knowledgecenter.ubt-uni.net/conference/2024UBTIC/IS/3
Decentralizing Data Governance: Blockchain's Role in Securing and Sharing Information
UBT Kampus, Lipjan
Blockchain technology is revolutionizing data governance by providing a secure, transparent, and decentralized approach to data sharing. It is particularly beneficial for industries such as healthcare, finance, education, government services, and supply chain management, because of its distributed ledger system, which en-sures data integrity, reduces the risk of tampering, and eliminates the need for in-termediaries. By enhancing traceability and trust, blockchain simplifies adminis-trative processes and boosts stakeholder confidence in data management. This paper examines blockchain’s role in decentralizing data governance, highlighting its applications across various sectors and its impact on transparency and security. Key challenges such as scalability, interoperability, and regulatory compliance are also explored as essential considerations for successful implementation. The study demonstrates blockchain’s potential to reshape information governance by promoting efficient, reliable, and secure data-sharing practices, setting the stage for a more decentralized and collaborative future in data management.