The library has launched an ambitious project in order to transform into a digital library.
They will use the money to build a new student centre, a digital library and a sports complex.
The latter consists of an introductory course to Greenstone where participants will be requested to design an implementation plan to create a digital library.
Google's plans to establish a digital library have hit several buffers.
New e-reading services, which allow readers to purchase and store books in a digital library and read them on different devices, have some of the most sophisticated reader tracking software.
Mr Billington first proposed the creation of a World Digital Library (WDL) to UNESCO in 2005, remarking that such a project could "have the salutary effect of bringing people together by celebrating the depth and uniqueness of different cultures in a single global undertaking".
The Internet Archive has a competing project, which aims to offer a free digital library.
The idea was to develop a universal digital library that anybody could access.
He noted that their participation would contribute to a truly universal digital library that showcases the cultural heritage and achievements of all countries.
The service potentially makes it much easier for people to build up a library of digital music.
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"The way people borrow and read books is undergoing a digital revolution, sweeping both the library world and the publishing industry, " she said.
"The World Digital Library project offers a brand-new platform for showcasing the diversity of the world's civilizations, " said Dr Furui Zhan, Chief Librarian of the NLC.
His action is a digital version of someone who has a valid library card, but borrows more books than he should from a public library, the only conceivable distinction being that a hardcover over-borrower denies books to other borrowers.
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And California-based company Roku also offers a digital video player that integrates television, Web content and a video library.
More cleverly, a feature Apple calls iTunes Match will let a user scan their music library to unlock access to high quality digital recordings of the music that can be downloaded to any of their devices.
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The new Kobo Wireless eReader allows consumers to browse more than 1.5 million books in the Borders eBook store and update their digital library wirelessly, directly from the eReader device, a smartphone or the Borders Desktop Application.
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M-GO today also debuted a new licensing agreement with Starz Digital further expanding its ever-growing content library.
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The British Library estimates that it costs half as much to store a digital document as it does a physical one.
At that time the web was often described as an enormous digital library that you could visit or contribute to by building a homepage.
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The Digital Public Library of America began beta testing Thursday, promising a site with millions of materials ranging from images of George Washington to footage of Freedom Riders during the civil rights era.
The push, some three years in the making, comes in the form of deals with Warner Brothers Studios to restore and digitize the Warner motion picture and television library, the world's largest, and also create a digital post-production studio.
Going the digital route has certainly been a growing trend -- 3M recently launched a Cloud Library lending service while one Austrian town kicked off its own unique e-book repository based on stickers equipped with QR codes and NFC chips.
Of course, while the studio proclaims it to be retailer and studio agnostic, there are plenty of opportunities to start or expand your UltraViolet library through promotions that do things like give away free digital copies of movies for sharing a link to friends, navigating the UltraViolet signup process or downloading one of the apps, which should be getting their own redesign soon.
Directors of the digital library, first conceived in 2010, include officials from Harvard University and the University of Michigan and a former executive at Google Inc.
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