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.

Blockchain can be Beneficial in European Higher Education Systems

Posted on September 21, 2022

Blockchain technology has emerged as a crucial concept for higher education worldwide. In this technology, the record of transactions stays maintained throughout several computers associated with a peer-to-peer network. Hence, it enables the formation of a decentralized environment where no third-party organization controls it. Many European educational institutions are already using blockchain solutions. For example, they are making Blockchain encrypted QR code to ensure authenticity and easy verification of the documents like academic certificates, diplomas, etc.

Based on the examination of a series of studies that various European universities conducted, there has been confirmation about the relationship between blockchain technology and education development. Experts share a series of recommendations to boost the growth of blockchain tech and praise Blockchain’s capabilities in offering records immutability. When any educational institution starts using this technology, many more possibilities will unfold.

Everyone can Use Blockchain

One can implement Blockchain within individual educational institutions, groups of different educational institutions, and national and international educational bodies. Anybody looking forward to securely storing credits, badges, and qualifications – and making educational data that matters easily accessible to others may consider using blockchain technology.

Importance of Blockchain in the European Higher Education System

Education has become more expanded, decentralized, democratized, and disintermediated. Hence, educational institutions still need to upkeep reputation, faith in certification, and proof of learning. The augmented focus on relevance and employability can also push the educational system in this direction. It is because institutions need more transparency. Blockchain could provide all these things; an enormous open, online, tamper-proof database. Higher educational institutions and European system as a whole can use blockchain technology in different ways like:

Blockchain Database at National Level

Education is inquisitively nationalistic. Even in Europe, it is a decentralized issue. Inside a country, however, there is a massive demand for a shared approach to the gamut of credentials that get produced at all levels in the system, like schools, colleges, entire universities, institutes, trade associations, examination boards, employers, and more. There is an absolute requirement for a thing that rests above them all. Blockchain technology can become that solution.

Groups of Educational Institutions

Since educational institutions bunch and co-operate, the requirement for shared repositories of achievements and certificates becomes real. For example, groups of universities can form a certification agreement, and affiliated organizations can also use it which develop a global alliance or a global group of schools. Whatever the assemblage of bodies or institutions, blockchain tech gives them an inexpensive, shared resource.

Diplomas & Certificates Validation

Similar to grades, Blockchain can issue and store students’ diplomas and credentials. Rather than asking the institution producing the diploma to certify a paper copy, recruiters or employers would only require to get the link or QR code to a digital diploma. For example, once an employer scans a certificates validation qr code, he can easily authenticate the diploma or credentials. The blockchain-based secure QR code includes a hash value that has an immutable nature. Hence, nobody can change or tamper with the documents. Such a thing averts people from submitting false degrees to potential employers. It is a situation that is, unfortunately, all much common.

The Bottom Line

Blockchain is a powerful technology with applications in the learning world at the individual, group, institutional, national, and international levels. You can learn more about blockchain solutions for education with experts at ProofEasy.