Using blockchain technology to store documents on a blockchain offers many advantages. It helps with easy validation and tamper resistance. You can ensure you have tamper proof documents with blockchain.
Every block in a blockchain is linked cryptographically to the previous block by hashing the previous block hash into the present block hash. A blockchain’s powerful tamper proof feature prevents document fraud and allows convenient validation processes. Storing an entire document on a blockchain is possible. Blockchain hashes are tinier in size and, therefore, a more efficient and effective option to store documents on a blockchain. Every time a document changes, the cryptographic hash will change. Since the block hash contains the document data, you can use the blockchain to verify the document by authenticating the integrity of the blockchain.
Securing Information in the Blockchain
Blockchain uses cryptographic hash operations to transfer information securely over a public network. Moreover, cryptographic hash functions use private keys to encrypt data, ensuring that anyone who does not know the private key cannot alter it. The receiving party uses a public key to decode the message without even knowing the private key.
One of blockchain’s most practical and effective applications is storing and sharing sensitive and confidential digital documents. The need to guard private information and avert forgery is necessary for modern society, which blockchain tech can make more dependable and efficient. Professionals can instantly send educational documents, medical records, business contracts, and financial documents anywhere in the world without any fear with a blockchain-based document digitization system.
Criminals or attackers can hack secure servers, and verified users can unintentionally send data transmissions to the wrong address. But documents on a blockchain network are guaranteed to stay unchanged for as long as there are computers. For example, you can tamperproof your documents by putting the blockchain-secure QR code on them. This code has a unique hash value that should match the hash value of the QR code on the blockchain to get the data. Hence, ensuring protection. The hash value makes the document immutable, and nobody can tamper with it.
Easily Yet Securely Accessible Documents
Now, if you have to share educational degrees, medical reports, business files, or legal documents, you may feel frightened about its security. But you can stay relieved if you have a QR code on these documents. One can access the data on the document only after the QR code hash value matches the blockchain hash value. Hence, ensuring easy yet secure access.
Hence, blockchain technology allows you to store information on an unhackable network, giving access to anybody who needs it. At the same time, it simultaneously provides guaranteed privacy. This simple procedure check makes it easy to share documents with the ones who need to see them. Hence, increasing efficiency by reducing inept verification steps and your security budget.
Blockchain even averts duplication, as the data any secured document contains has a unique representation in the blockchain. The blockchain can automatically underline it as redundant if the same party tries to upload the same document. Hence, saving space and potential misunderstanding in the future.
The Bottom Line
For businesses, institutions and organizations, blockchain technology opens various opportunities. Whether ensuring secure blockchain document storage or efficient access to documents, blockchain QR codes are perfect. Contact ProofEasy to learn more about using tamperproof solutions of blockchain.