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 Technology – The Magic Potion for Food Safety

Posted on November 23, 2022

Blockchain can assign digital identifiers to food products that make them traceable via supply chains, along with their growth situations, batch numbers, and expiry dates. It can help in averting food waste, enable consumers to work out the ecological footprint of the food, and guide the circulation of surplus food to the ones who need it. Just like QR code certificate verification, blockchain QR code enhances food security.

This decentralized and robust system is presently utilized inside global financial systems. In this blockchain, records are a distributed database in the shape of encrypted blocks employed for transactions or executed digital events between participating allies. Moreover, the blockchain’s shared and immutable register of foods and commerce will avert fraud and allow the source identification of food-borne ailments. Moreover, the nature of blockchain technology enables secure record-keeping of complete transactions in real time. It results in accurate verification of a sale process by both parties involved.

Reduced Fraud

Blockchain technology ensures that there are no interruptions in food traceability. Fraudulent or deceptive practices get curbed at all levels. Through this, the product passes on its path to the end consumer. The records are all linked to the person or team that uploads them to the blockchain. If anybody modifies them later on, it reflects, and the other chain agents can be aware of this. It may hence be a further barrier to fraud.

Traceability & Transparency

Recently, the world has witnessed many unfortunate and disturbing food scandals, like false eggs in China, exploding watermelons, and glowing meat in Australia. Current food safety issues linked with contamination, the spread of gastrointestinal ailments, waste, and even financial loss are worsened by a lack of essential information and control over the product supply chain.

The concentration on global food supply-chain security is much more than ever. Consumers ask for more information and guarantee that their products are safe and emerged from reliable sources. Here, blockchain technology can positively impact and offer a quick solution to the food sector’s problems.

Blockchain is a distributed network, and its application promises security because of the absence of a single susceptible center. Apart from this, nobody can tamper with or change the data stored in the blockchain.

Moreover, this technology works as a single source of data that forms a more precise control trace and constancy between companies. With blockchain technology, food companies can swiftly track problems and find their source. It may enhance consumer safety and reduce financial losses. If manufacturers, processors, suppliers, distributors, and sellers extract information from the same distributed registry to which they have lawful access, the consumers’ confidence in the quality of products will grow. Hence, the regulatory bodies will have a more robust tool for ensuring food safety.

It would permit food suppliers and other members of the ecosystem to notice sources of contaminated products at the initial possible time with the help of a detached network and quickly withdraw them from sale and avert the further spread of disease.

The Bottom Line

Blockchain technology solutions like blockchain document management, QR codes, and so on will help retailers, and food companies better supervise and manage the overall shelf life of products. It even reduces the risk of non-compliance in individual stores, guaranteeing that consumers get authenticated, safe products. Know more at ProofEasy and Get started with blockchain solutions.