New technologies like the Internet of Things (IoT), Artificial Intelligence (AI), Data Analytics, and Blockchain are transforming sectors. These are organizing decentralized data pools while at the same time powering fresh ecosystems. From cryptocurrencies to business process management solutions, blockchain technology has infused and enriched people and systems to support the coexistence of conventional services and new services.
Blockchain is a platform for accomplishing and maintaining integrity in a distributed peer-to-peer system. It removes the requirement for any central authority or even clearinghouse. It can also help ensure blockchain document security, secure storage, and data sharing. This advanced tech has the power to change how data gets stored and shared.
Blockchain promises a decentralized database or digital ledger of certificate information with cryptography to keep information secure. Based on a network of computers to approve and update before it gets verified and recorded. It diminishes the dependency on and susceptibility of centralized data storage.
Since education turns out to be more diversified, decentralized and democratized, everyone still needs to upkeep reputation, trust in certification, and overall proof of learning. Nowadays, all have to show the certificate to any other person for some purpose or job. After witnessing the digital certificate or document, the 3rd person cannot simply authenticate the originality of the certificate.
The same applies to other types of digitized documents such as PAN cards, land registries, and any identity card verification. Enhanced concentration on relevance and employability could even push you in this direction, as you require more transparency. One can solve such a problem and gain trust by introducing blockchain technology in digital certificates. Therefore, generating blockchain secure documents.
Easy Issuing of Digital Certificates on the Blockchain
The general design of a digital certification architecture is somewhat simple. A certificate issuer signs a well-structured digital certificate and then stores its hash inside a blockchain transaction. A transaction output then gets assigned to the recipient. One can access the digital certificate only if the blockchain hash value matches the hash value on the blockchain network.
The point is that you, an institution, can store digital certificates in the blockchain—the right to create new certificates and update information. At the same time, you can utilize the perks of using this technology like authentication, decentralization, and encryption. Although only you can perform the updates, anyone can access the blockchain interface to check the legitimacy of digital certificates stored there.
Preventing Certificate Frauds
Issuing digital certificates with blockchain is a perfect way to prevent frauds. Blockchain document security is typically an immutable platform that eliminates the risk of unauthorized manipulation or tampering of documents (digital certificates).
In order to get access to the digital certificate saved in the blockchain network, the user has to go through blockchain verification. As an educational institution or any other organization, it would be easy to ensure that the certificates you have issued are authentic and nobody can forge them. You can easily give your recipients the flexibility to share their digital documents and certificates without the anxiety of them getting stolen or changed.
Seamless Tracing of Digital Certificates
After a certificate is issued, the data is then digitized and a unique digital identity is generated for each certificate. This helps in keeping a track of the issued certificates and all the other transactions that are occurring with this document.
All certificates will be tagged and traceable. The original document will be securely stored in the network of computers in the blockchain. This is referred to as nodes.
Integration with the QR Code
Blockchain technology can also be integrated with the QR Code system to amplify the efficiency of issuing digital certificates over blockchain-based platforms. The transaction output that was mentioned previously can be a unique QR code provided to the recipient or simply placed over the documents.
This QR code doesn’t work like other barcode systems as it is a blockchain secure QR code. With the help of an integrated QR code system, the third party can easily scan and authenticate the documents without having the need to engage in labor-intensive verification operations.
The Bottom Line
The issuance of digital certificates with the use of blockchain brings several perks to the overall system. The prevention of certificate frauds to generate an embedded QR code, a lot of the operations involved with digital certificates get simplified.
It will also help in eliminating the labor-intensive process and reduce the time of verifying any document. If you are interested to learn more about issuance of digital certificates using blockchain then check out ProofEasy solution.