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.

Benefits of Blockchain Technology in Higher Education

Posted on March 9, 2023

With blockchain, you get a rich, secure, and transparent platform to create a global network for higher learning. This Internet of value can aid in reinventing higher education in a way the Internet of information alone may not. For example, with qr code certificate verification, one can easily verify the certificate and ensure that the data they access is authentic. The data always stays tamperproof.

Credentials Verification

One of the critical advantages of blockchain technology in higher education is the capability to verify credentials. With blockchain, educational institutions can easily create a tamperproof digital record of all their academic achievements, encompassing diplomas, degrees, and certificates. With this, it becomes easier for employers to verify the credentials of possible employees, dropping the risk of fake degrees and diplomas. Blockchain technology can even help streamline credential verification, decreasing the time and expense involved. For example, the moment you scan the blockchain-based secure QR code on the credential document, the hash value of the code will unfold the authentic data for you.

Managing Student Records Becomes Easy & Effective

Blockchain technology can also enhance the management of student records. Student records are mostly scattered across different systems, making it challenging to access and manage them. With blockchain, educational institutions can develop a unified digital record of every student’s academic achievements, like their coursework, grades, and extracurricular activities. In addition, it makes it easier for students and faculty to access and manage the records, dropping administrative workload and enhancing efficiency.

Unbelievable Transparency

Blockchain technology promises a high level of transparency, making it convenient for students, faculty, and other stakeholders to access all the information about educational institutions. For example, with blockchain, students or learners can see how their tuition fees are spent, and faculty can quickly access information about research funding. This enhanced transparency level can help build trust between educational institutions and their stakeholders. Hence, a more open and collaborative academic environment is promoted.

Digital Identity Confirmation

With blockchain technology, you can improve digital identity verification. Educational institutions can use blockchain to develop a secure and tamperproof digital identity for every student, faculty member, or even staff member. Such a digital identity can get used for various purposes, such as access to online resources, safe communication, and verification for online assessments.

Data Sharing is Secure

In higher education, there is a vast amount of sensitive data that requires to be shared securely. This data can be student, research, or financial information. Blockchain technology can promise a secure and decentralized manner of sharing this information. Educational institutions can easily store data tamperproof and encoded or encrypted using any blockchain network. Hence, it becomes virtually impossible for anyone to access or modify the data without complete authorization. For example, with blockchain file sharing, you can be sure to access accurate data securely, quickly, and efficiently.

Conclusion

Thus, blockchain technology has fantastic potential to provide significant benefits to the higher education sector, encompassing improved security, dropped costs, better transparency, and amended collaboration. These perks make it worth considering for any educational institution like colleges, schools, etc., looking to improve its operations and overall services. Know more about how you can integrate blockchain for higher education in your institution with ProofEasy.

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