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.

Educational Institutions are Revolutionizing Blockchain

Posted on September 5, 2022

The education sector is introducing and adopting blockchain technology because of its massive security and integrity. Whether using e-certificate blockchain verification for quick authentication or instant access to educational credentials, Blockchain is disrupting the education world.

The education industry adapted to digitization quickly during the covid19 pandemic. Blockchain tech has the potential to revolutionize this industry. Blockchain can fundamentally change how students and teachers collaborate and manage academic documents. This distributed ledger technology has significantly started impacting the education industry related to transparency and accountability. This post will swiftly familiarise you with how Educational institutions are revolutionizing with Blockchain:

Helping in Verification & Accreditation of Student Information

The archive of student qualifications and certificates in schools and universities is transformed by blockchain technology. With this tech, there is no need for any intermediary to check qualifications, licenses, diplomas, and other documents.

Blockchain tech can also support accreditation for academic institutions. Many nations find it somewhat challenging to certify most educational institutions. Fortunately, blockchain tech makes it a lot easier to check the qualifications and standards of education that most academic institutions offer.

Smart Contracts for Assignments & Courses

Smart contracts are often playing a role with blockchains. It helps educators in developing courses and lessons on the Blockchain. After fulfilling the necessary prerequisites, the course automatically gets taught and can proceed at its speed. Students and teachers may sign a smart contract outlining the restrictions of an assignment, as well as the due date and the deadline of grades.

Blockchain Helps with Monitoring the Faculty Performance

An educational institution can monitor faculty performance by securely storing information about teachers. The Blockchain ledger would offer a time-stamped and tamper-proof record of teacher performance, encompassing attendance, student ratings, the number of students selecting electives, research output, and overall publications. Blockchain, hence, will not just ensure educational certificate verification through Blockchain but also helps monitor the overall performance. Educational institutions can guarantee a higher level of accountability by linking this information to teacher evaluation systems.

Reducing the Cost of Education

Blockchain technology has the calibre to offer universal access to open educational resources such as books, podcasts, and films/movies that are in the public domain. These are free to use and distribute, apart from supporting lifelong learning. Furthermore, Blockchain allows the inexpensive and safe sharing of these resources in the realm of a public network. For example, one can securely access these resources by scanning their QR codes. Hence, the resources reveal once the hash value on the QR code matches the QR code on the blockchain network. Accordingly, Blockchain can alter the educational ecosystem by developing new, more accessible channels for learning and changing the present relationship between students and schools.

Degrees, Report Cards, & Paperwork

Blockchain’s immutable ledger technology forms a chronological record of current events. It may work well for displaying student transcripts, showing a full report card, tracking attendance, and notifying pupils and investors of their progress. Students can turn in assignments using Blockchain without the terror of misplacing them. Apart from this, students can get their degrees and diplomas digitally rather than on paper. Digital certificates and degrees are preferable as they are annoyance free, organized, and non-unwieldy. There is also no scope for documents identity theft with the immutable nature of blockchain technology.

The Bottom Line

In the education industry, the potentials enumerated above can only be the tip of the iceberg related to how blockchain tech will impact and revolutionize the education system in the future. Blockchain applications in the domain of education look very promising. Try out blockchain solutions today with ProofEasy.