For those who don’t know what QR is, it stands for Quick Response. It should give you a proper idea of the intent behind them! These offer users a swift way to access a link by scanning their smartphones. For example, implementing a blockchain secure QR code on a confidential document will make the document tamperproof and easily accessible.
There is no denying that in the last few decades, QR codes have expanded in popularity across diverse applications other than their unique uses in manufacturing. For example, one can conveniently scan the QR codes on their smartphones using QR code scanners. Hence, it heads to its utility in safe documents, marketing, and more.
Lately, the concept of QR codes has increased steeply further in admiration because of its usage for tracing contracts for COVID-19, and it is now all around you. For example, educational institutions are issuing Blockchain encrypted QR codes to ensure their degrees, certificates, and confidential documents are safe and immutable. The point is that Professionals in all sectors are actively looking at blockchain technology for trade finance, smart contracts, and also secure documents such as certificates.
Blockchain QR codes also have potential when discussing quality assurance, mainly when anything goes wrong. Since companies can link every facet of the supply chain, in case there is a requirement for a recall or even an investigation into where something went wrong, an encrypted QR code offers a conclusive, contiguous ledger to right away classify the problem. For example, if there is a QR code on the packaging, one can quickly get the information without any delays or inconsistencies.
Security and Dependability
Making payments using QR code presentation mode permits greater data security than conventional systems. When any consumer’s card data or even other payment information does not get read by a merchant’s POS system, exposed to any personnel, or stored on the servers of the ecommerce service but is reserved on a private device, the risk of fraud or even a security breach is decreased. The way blockchain QR code certificate verification ensures peace of mind for business and educational institutions, blockchain QR code for payments will be a significant relief for the finance department of your organization. They can ensure that users can quickly and safely make the payments, and there is no scope for forgery.
Guarantee Protection Against Identity Thefts
Identity theft is a nightmare for users and customers and poses a grave threat to online businesses. Cybercriminals use several techniques, including data breaches, account takeovers, documents identity theft, and even payment card deception. They do it to pursue their illicit motives. A blockchain-based QR code can help you with ensuring protection. Blockchain is a vast, decentralized ledger of transactions maintained by many decentralized sources. Hence, there is no need for a single central authority like a bank to confirm if transactions took place. The point is that once you put a blockchain-based QR code to payments, documents, or confidential data, nobody can hack it or engage in identity theft.
The Bottom Line
Once you look at all the QR codes, mainly blockchain-based codes, these disrupt traditional transaction and record-keeping methods and overall security. You can put a QR code to anything you want to make accessible and secure. Know more about secure QR codes with ProofEasy.