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.

Evolution of Education Sector with the Introduction of Blockchain

Posted on July 13, 2022

Blockchain is a distributed ledger and the underlying technology used in cryptocurrency. Keeping in mind the safety and integrity of blockchain technology, it has already started making its way into the education sector.

The concept of blockchain technology is wherein you keep the records or ledgers in the shape of data blocks. These blocks are secured and connected to other data blocks concerning the same individual or organization. These blocks are robustly encrypted and saved on multiple decentralized computers. Tampering or any changes with one data block alters the information in other blocks linked to it and changes all the computers where the data is stored. Hence, it makes it impossible for anyone to hack blockchain technology.

Elimination of Fraud in the Education Sector

Blockchain is already helping eliminate fraud and similar elements from the education system. Developing student records on the blockchain makes the entire procedure efficient and smarter. The practically fragile inscription of the blocks makes them hack and tamper-proof. Once you have blockchain secure documents in your education institution, you can ensure their authenticity as the decentralized storage of the documents and records makes the system further safe.

Blockchain technology gives the students or candidates a digital identity and offers them the ownership of their records like diplomas, degrees, certificates, and more. Hence, students can easily prove the validation of their academic achievements whenever the need be. For example, once a student has shared his certificate with someone, they can check the certificate’s authenticity by scanning the QR code. Since there is blockchain secure QR code integration in the documents and records on the blockchain, the record would unfold if the QR code’s unique hash value matches with the blockchain network’s hash value. Hence, there remains immutability, and the certificates can get validated in no time.

Not just academic performance, but educational institutions are already using blockchain technology to keep records related to attendance, overall health status, social conduct, sports activities, extra-curricular activities, etc. Blockchain is helping the records transfer from one education institution to another more efficiently and effectively. It is already bringing more transparency, authenticity, and accountability to the entire education sector.

Formation of Courses in the Education Sector

Blockchain technology is also getting used in designing courses and assessment systems. Academics and teachers have begun using the smart contracts method to create entire course structures. It executes so that students or candidates must fulfil certain criteria to pass a specific module and proceed to the next module.

Blockchain also allows students to authenticate the credentials of their teachers and institutions. It is also proving helpful for the education system to evolve in a manner that gives the students the freedom to make their combinations of major and minor services.

To Sum Up

All this shows that blockchain technology has started making the education system extensively efficient and transparent. Educational institutions now can secure educational documents with blockchain and ensure the utmost transparency and peace of mind. Since the inefficiencies in the educational system vanish, the education quality is bound to progress. Once fake degrees and academic records become obsolete, only the right fellows will get chances in education and profession. Learn more about blockchain technology solutions with experts at ProofEasy.