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Blockchain in Cultural Heritage: Insights from Literature Review

Author

Listed:
  • Erica Del Vacchio

    (Department of Economics, Management, University of Naples Federico II, 80126 Napoli, Italy)

  • Francesco Bifulco

    (Department of Humanities, University of Naples Federico II, 80133 Napoli, Italy)

Abstract

Cultural and creative products play an important role in helping local cultural prosperity and economic development. Today, the cultural sector presents itself as an elective field of application for the development of new investments in technologies. These investments are also facilitated by recent development programs promoted nationally with the aim of digitizing the sector using the integration between technology and artistic and cultural heritage. A review of the impact of blockchain technology in this industry is provided in this study. From this analysis, we identified three use cases of blockchain application: provenance and authenticity, tokenization and fractional equity, and rights management and digital protection. In addition, a future research agenda is developed, and new research questions are offered within three research areas: (1) expanding empirical research on the topic, (2) developing a guideline for cultural managers, and (3) analyzing the customer point of view.

Suggested Citation

  • Erica Del Vacchio & Francesco Bifulco, 2022. "Blockchain in Cultural Heritage: Insights from Literature Review," Sustainability, MDPI, vol. 14(4), pages 1-13, February.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:4:p:2324-:d:752288
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    References listed on IDEAS

    as
    1. Witold Nowiński & Miklós Kozma, 2017. "How Can Blockchain Technology Disrupt the Existing Business Models?," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 5(3), pages 173-188.
    2. Kimani, Danson & Adams, Kweku & Attah-Boakye, Rexford & Ullah, Subhan & Frecknall-Hughes, Jane & Kim, Ja, 2020. "Blockchain, business and the fourth industrial revolution: Whence, whither, wherefore and how?," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    3. David Yermack, 2017. "Corporate Governance and Blockchains," Review of Finance, European Finance Association, vol. 21(1), pages 7-31.
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    Cited by:

    1. Ling Cao & Jie Yin, 2023. "Research on Sharing Behavior Strategy of Cultural Heritage Institutions Based on Evolutionary Game Theory," Sustainability, MDPI, vol. 15(13), pages 1-23, June.

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