Session

Information Systems and Security

Description

A new era of open information governance and data sharing has been launched by blockchain technology. This paper explores the transformative potential of blockchain in revolutionizing the way information is governed, accessed, and shared in both the public and private sectors. Blockchain's decentralized and immutable ledger provides a secure and transparent platform for data management and exchange, eliminating the need for intermediaries and significantly reducing the risk of data tampering, thus enhancing data integrity. With the help of this cutting-edge technology, people and businesses can better manage their data while maintaining security and privacy. The paper explores actual blockchain use cases in several industries, including healthcare, finance, education, and supply chain management. It highlights the advantages of using blockchain technology, including increased stakeholder trust, less administrative paperwork, and improved information traceability. The study additionally discusses and acknowledges the challenges and considerations that need to be considered while deploying blockchain for open information governance. Scalability issues, legal frameworks, and the importance of interoperability standards are a few of these. In conclusion, this paper underscores how blockchain technology is transforming information governance by promoting openness, reliability, accessibility, and transparency. Blockchain represents a paradigm shift in data management and sharing that encourages a more transparent and collaborative environment for the exchange of information across industries.

Keywords:

Blockchain, Open Data, Open Information, Data Sharing, Immutable Ledger.

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-95-6

Location

UBT Lipjan, Kosovo

Start Date

28-10-2023 8:00 AM

End Date

29-10-2023 6:00 PM

DOI

10.33107/ubt-ic.2023.71

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Oct 28th, 8:00 AM Oct 29th, 6:00 PM

Blockchain for Open Information Governance: A New Era of Data Sharing

UBT Lipjan, Kosovo

A new era of open information governance and data sharing has been launched by blockchain technology. This paper explores the transformative potential of blockchain in revolutionizing the way information is governed, accessed, and shared in both the public and private sectors. Blockchain's decentralized and immutable ledger provides a secure and transparent platform for data management and exchange, eliminating the need for intermediaries and significantly reducing the risk of data tampering, thus enhancing data integrity. With the help of this cutting-edge technology, people and businesses can better manage their data while maintaining security and privacy. The paper explores actual blockchain use cases in several industries, including healthcare, finance, education, and supply chain management. It highlights the advantages of using blockchain technology, including increased stakeholder trust, less administrative paperwork, and improved information traceability. The study additionally discusses and acknowledges the challenges and considerations that need to be considered while deploying blockchain for open information governance. Scalability issues, legal frameworks, and the importance of interoperability standards are a few of these. In conclusion, this paper underscores how blockchain technology is transforming information governance by promoting openness, reliability, accessibility, and transparency. Blockchain represents a paradigm shift in data management and sharing that encourages a more transparent and collaborative environment for the exchange of information across industries.