How useful it is to issue digital certificates on the blockchain?

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Blockchain technology is used in several ways in varied industries for offering high-security managing distribution systems and recording valuable information. Blockchain records all transactions without any verification from third parties. An evolving issue in recent years is - counterfeiting certification. It is posing serious threats to people. Issuing paper-based certificates manually is prone to errors and time- consuming. Day by day, the number of people's data is increasing, so deploying a system for both issuing and verifying digital certificates based on blockchain technology can solve issues of forged documents.

What is the current problem with document certification?

Many organisations and businesses need original documents for verification purposes before further processing. Some valuable documents like (birth certificates) exist only once. Parties involved in verification and issuing other certificates may experience hesitancy to handle these sensitive documents and that can result in damage or even loss. Many parties are unable to protect the valuable physical pieces of paper with this process. Another big problem comes from data theft. Many people have reported it. So the question comes: how can this issue be solved? Creating digital proof or digital certificates certified or signed by respective institutions or authorised organisations can be beneficial. With blockchain-based digital certificates, you can access and verify the digital asset's authenticity without depending on any intermediary or third party. Traditional data records like paper files deteriorate over time. storing records like digital certificates on the blockchain can help in safeguarding sensitive credentials from destruction & damage. Blockchain document security methods can help users seamlessly secure their sensitive documents.

What about blockchain solutions?

Blockchain technology has brought a revolution in storing and sharing data. The mechanism of cryptography helps in keeping information fully secured. Blockchain offers a digital ledger or decentralised database of data. Centred on computer networks that approve updates before data get recorded and verified. It lessens the reliance and vulnerability of centralised data storage. Instead of handling physical pieces of documents, issuing and storing digital certificates in blockchain can be advantageous to users. You can efficiently utilise the benefits of blockchain, like - authentication, encryption and decentralisation. Every certificate consists of references of both issuer and receiver with a hash (a sign of document), that is stored in the public database. It is identical in the number of computers throughout the globe. These digital certificates with blockchain technology have vital additional advantages over any other certificates.

How does blockchain make digital certificates work?

When a digital certificate is issued, data gets digitised. A digital identity gets assigned to every certificate. All of the digital certificates are tagged as well as traceable. Original documents are stored safely in the computer networks in the blockchain which are known as nodes. In totality, blockchain makes digital certificates highly transparent and secured. It also makes it easy to unfurl any fraud because this technology can expose any forged or outdated certificates.

Are these digital certificates tamper-proof?

Yes, the digital certificates are tamper-proof not by just signing but right after the beginning of the transaction. A signing algorithm produces a signature that is encrypted through a private key. The digital signature in these certificates can never be forged without having access to the private key of the user or members. With the help of document security QR codes, users can secure their valuable credentials.

What are the potential benefits of issuing digital certificates on the blockchain?

Blockchain has evolved to be beneficial for the financial industry. This technology is the most talked about and sought-after technology used in the world. There are innumerable benefits of issuing digital certificates on the blockchain. Some of them are here: a) Require fewer resources for issuance: Issuance and maintenance of digital certificates on the blockchain require a very less number of resources. As a result, the whole process saves time, effort and human capital. b) Digital certificates are conveyable: Contrary to physical certificates, the digital ones issued on the blockchain need not be carried around every place. Digital certificates are there to exist for a lifetime. These certificates can be easily accessed on any of your devices from any part of the world. c) Ideal as Identity proof: Digital certificates based on blockchain are the best substitution for the traditional proofs of paper identification. Digital certificates are issued on a highly secured framework of blockchain which is fully secured. These verifiable certificates can be easily traced all the way back to an issuer. This method makes the procedure transparent. You can use the blockchain document security method for securing and storing your valuable documents. d) Gives overall data security: Paper certificates can also take days and months to get issued and dispatched. Paper certificates can be altered without issuing the institute's knowledge and that is risky. Digital certificates issued on the blockchain can not be altered by any person. If someone tries to tamper with it, then verification will fail. This makes data in your digital certificates fully secured as well as traceable. e) No third party requirement: Blockchain verification of digital certificates can be performed by any person having access to the network. There is no need for any third party interference for verification. Digital certificates can be verified even if any organisation that issued them no longer exists. f) For micro-credentialing: Every data remains encrypted in the digital certificates issued on the blockchain. Organisations or businesses can issue "micro-credentialing" for recognizing, career skills, learning and so on. It can help both students and organisations. g) Comes at an affordable cost: Using blockchain is not expensive. With the help of the blockchain-powered platform, you can issue digital certificates for numerous services with ease. You may need no extra software or hardware and be done with an internet connection. So in nutshell, the unique features of blockchain technology make issuing digital certificates easy and tamper-proof. Blockchain technology simplifies and facilities the entire process of issuance of digital certificates. It also helps in the easy transfer of these certificates leading to the expansion of contents and information. We hope in the next few years, more and more organisations will come forward in embracing digital certificates issuance on the blockchain. A blockchain document security system can help you to secure sensitive credentials with ease.

5 Benefits of Blockchain Technology in Higher Education

Posted on January 24, 2023

Today’s main challenges to higher education access are high-priced tuition fees and related costs. Moreover, education is one of the critical sectors experiencing huge investments worldwide. But the education sector remains to wrestle with issues stemming from legacy systems. To mention, the record-keeping work handling academic records and students’ credentials is mainly manual and is susceptible to impersonation. Here, blockchain solutions like e-certificate blockchain verification can ensure the authenticity and security of confidential educational data and documents.

Educational institutions even use manual identity management procedures that make it challenging for students to follow their qualifications and certifications. Moreover, educational institutions use paperwork-intensive and time-consuming methods to track students’ success. These procedures are vulnerable and slow the entire flow of information. The education sector needs a revolution, and blockchain can bring it.

Here are 5 ways blockchain is revolutionizing higher education:

1. Efficient Processes

Blockchain technology can create virtual transcripts and records of educational achievement across students’ lifetimes. Developing verifiable transcripts spanning an individual’s lifetime may help address problems like resume fraud, transfers between universities, and decreasing overheads associated with credential authentication. It can also ease the unified inter-state and even international movement with academic transcripts and credentials. Blockchain revolutionizes record keeping and will streamline processes, making them efficient.

2. Student Records

Blockchain can be a good tool for storing, tracking and even using students’ credentials. With it, learners and students can access their records efficiently and conveniently and share them securely with potential recruiters or employers. Learners enjoy complete control over their records as they are not stored on university or education institution servers but on blockchains. Blockchain technology stores and verifies digital certificates, including academic transcripts and credentials.
For example, by scanning a blockchain-based secure qr code, a recruiter can access the credentials of a candidate or student right away. The secure qr code has a hash value that should match the hash value on the blockchain network to reveal the data. Hence, it ensures immutability and efficiency.

3. E- Transcripts

Today, students know the delays and high costs associated with requesting transcripts. Transcript authentication remains a manual process from high school to even university. With blockchain’s distributed ledger technology and its solutions, these procedures can easily get streamlined, and fraudulent educational credit claims will reduce.

4. Mechanized Learning Platforms

Teachers can enter into digital agreements with students related to completing their tasks using blockchain smart contracts. The agreement outlines all the needs for the assignment, including instructions, due dates, conditions, and deadlines. Every time a student finishes a task, the same is confirmed by the smart contract. On completing all the tasks, the students get the credits for the course.

5. Publishing & Copyright Protection

In the education world, plagiarism poses a serious issue. Educational institutions can use blockchain technology to ease their students’ and staff’s research work publication. With publishing on a blockchain, new researchers, writers and others can enter the industry without risking their research getting stolen.

The Bottom Line

Blockchain technology can change some of the high education issues that have proven hard to address using traditional technologies. With blockchain solutions like educational certificate verification, secure qr code and smart contracts, the educational sector will become efficient, tamperproof, secure and less expensive. Learn more about using blockchain to revolutionize your educational institution with experts at ProofEasy.

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