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.

How Blockchain-Based Digital Credentialing Impacts The World Of Work

Posted on January 5, 2023

Blockchain technology gives an extra layer of external verification for issuers and earners of high-value credentials. Distributing digital credentials on the blockchain network conveys to the users that your business or organization uses advanced technology supporting a massive verification request of tamperproof credentials. For example, if your company does e-certificate blockchain verification, it ensures efficiency and authenticity.

Once you use blockchain, your company allows blockchain validation for any digital credentials you distribute or issue. Once permitted, the digital credential gets automatically published to the blockchain upon acceptance. Hence, the third parties on the blockchain network can verify the credential immediately. An increasing number of Governments, businesses and educational institutions are tending towards blockchain as an established way to allow a secure and trusted infrastructure and better services.

Blockchain is a securely encrypted and vastly distributed electronic transaction ledger that includes time-stamped data. Since each block builds on the one before it, nobody can alter the data contained in previous blocks without affecting each subsequent block. The storage of blockchains is on peer-to-peer networks, making them decentralized and distributed. Hence, enhancing their security. In other words, blockchains are a shared infrastructure that verifies credentials far more securely, sturdily and conveniently than any single authority.

Blockchain-Powered Digital Credentials can alter the corporate sector and work setups. The entire work becomes efficient, tamperproof and secure. You can experience practical storage, transparency and efficient ways to verify and safeguard the work credentials. Internationally, businesses and companies already recognize the potential of blockchain technology to transform their overall administration systems.

Secure & Private Credentials

The blockchain-based platform manages the infrastructure and security without exposing any information or data used to produce the credentials. Only people having permission get access. Moreover, all the actions, activities, and business procedures are tamperproof and permanently captured as blockchain transactions. Thus, there is no scope for any privacy or security leakage.

You can put a Blockchain QR code on the digital credential certificate, generated based on the certificate’s content. The hash is published on the blockchain. You can then issue and distribute the certificate to employees and other concerned people; this format is easily shareable and confirmable. For example, you can use a qr code for university certificate and ensure efficient sharing securely. Students can share their blockchain-based digital credentials with potential employers for employment. The moment the recruiters scan the QR code, they can authenticate the digital identity and credentials of the students.

Fraud Prevention

With blockchain, you can be confident that all the credentials in your organization are secure and immutable. You can use blockchain-based secure QR codes to secure your information and data. The hash value of the QR code makes it difficult for anyone to impersonate your organization’s official records.

The bottom Line

ProofEasy is revolutionizing the way organizations and workplaces across industries issue and verify credentials while at the same time empowering individuals to understand better and use their digital identities. It is high time you introduce blockchain-based digital credentialing for your work. Talk to expert and get started!