How Blockchain Technology Could Influence Academic Publishing?
— 11/28/2023
First-class blockchain technology can influence academic publishing by improving peer review, quick publication, reduced expenses, improved data integrity, digital credentials, and easy sharing & collaboration.
Blockchain can make it easy for all researchers to share and collaborate across institutions. The immutable record of data transactions in the blockchain makes certain that information cannot be tampered with. This approach is vital for scientific research as reliability and data authenticity are critical.
Use the blockchain technology as per requirements.
Blockchain technology helps everyone to ensure data integrity in research by making data auditable, transparent, and immutable. You can concentrate on the basics of blockchain-enabled research data integrity and make an informed decision to use blockchain technology.
The data recorded on a blockchain cannot be altered or deleted without consensus from the network. This approach reduces the possibility of data manipulation and makes certain that research findings are based on genuine data.
Blockchain lets participants view and verify transactions in real time. It provides a complete and transparent audit trail of every transaction. Thus, it makes it easy to verify the data integrity on time. Remember that each block is time-stamped in the blockchain. It provides a chronological order of transactions.
Explore the decentralized peer review system.
The latest decentralized peer review systems are used to enhance the peer review process in overall academic publishing. This is done by making it transparent, incentivized, and accountable. Popular examples of decentralized peer review systems are community-owned systems, blockchain-based systems, and symmetric key encryption.
Smart contracts are used to automate the agreement execution process. They let all participants immediately access the outcome without the involvement of any intermediary or time loss. You can focus on the smart contracts for scholarly articles and decide on how to use them properly. Successful academic publishers experiment with the efficient use of blockchain technology to help peer review processes. They are happy about secure sharing and confident to suggest it to others.
