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.

Make Your Documents Tamperproof with Blockchain Technology

Posted on December 12, 2022

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.

Averts Duplications

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.