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A Study on the Applications of Blockchain Transactions and Smart Contracts in Recordkeeping

Journal of Korean Society of Archives and Records Management / Journal of Korean Society of Archives and Records Management, (P)1598-1487; (E)2671-7247
2020, v.20 no.4, pp.81-105
https://doi.org/10.14404/JKSARM.2020.20.4.081



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Abstract

This study examines the possibility of applying various recordkeeping methods through a platform built in 2019 by the National Archives of Korea. In particular, it aims to develop a way to track and store transactions using blockchain and to design and present the method of records management automation using smart contracts. In this regard, a literature review, a system analysis of CAMS and MAM, interviews with the experts, designing, implementation, and the development of the system’s proof of concept were performed. These efforts resulted in the proposal of an archives and records management strategy utilizing blockchain, which guarantees transparency and accountability by preserving an audit trail on recordkeeping activities.

keywords
Blockchain, Recordkeeping, Blockchain recordkeeping platform, Smart contract, Transaction, Decentralized identifier (DID), Audit trail, 블록체인, 기록관리, 블록체인 기록관리 플랫폼, 트랜잭션, 스마트 컨트랙트, 분산신원증명, 감사 증적

Journal of Korean Society of Archives and Records Management