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.

Role of using secure QR code for inventory tagging

Posted on June 26, 2021

An introduction to creating and using QR codes

Having been created to track car production in the manufacturing industry, it is no surprise that globalization and people gaining access to quick response codes and blockchain technology are being used increasingly to track inventory by warehouses of different industries. To have information about one’s assets and analyze them is sort of a must for businesses- it’s a priority to have this information at hand. A QR code is a two-dimensional barcode including black and white rectangles, and it can accommodate much more data than barcodes.

Benefits of using QR codes for inventory tagging

Speeds up the process

Cloud connectivity with QR code-based software helps on-the-floor workers update records in real-time and even speed up the data entry process. As soon as the data entry process is sped up, it also logically follows that decision making will also be sped up at an equal rate. It cuts down the time required to process inventory management details and the space needed to fit in the codes. Because of how the scanning process is fast, the management process is quicker and given the nature of the regulations. It is also tamper-proof.

Customizable

Especially in businesses that cater to many different kinds of products, QR codes can help identify and distinguish different types of products. This allows the warehouses’ ground staff to label and organizes the products even before the whole scanning process starts. QR codes can also be customized to suit the necessities of one’s product. Logos can be added to the background, the colour can be changed etc., and in this way, there is minimum confusion concerning the location and amount of units stored. Categorization and classification always help in inventory management.

Damage resistance

QR codes are resistant to damage. Unlike barcodes, QR codes have a 30% tolerance level, meaning that the code can be scanned effectively even with 30% damage. For products that have to go through a lot of processing, shipping and movement, there is an excellent possibility that the embedded codes could be destroyed. Different types of transportations and climate conditions have other effects on products, and efficient inventory of all these is of utmost importance. It is, therefore, useful to have codes that can take a lot of wear and tear. The warehouse staff would otherwise require the extra time to process and scan barcodes and correct the errors. The error correction feature of QR codes can help staff scan and avoid mistakes immediately.

Agility to integrate with the current system

The most appreciated quality of QR codes is that they can easily be made a part of the system without changing much about the already existing infrastructure. Most software for inventory management allows the incorporation of QR codes into their system. To integrate quick response codes with the existing product inventory system, one can scan the UPC barcode and print a QR code out of the inventory system. Since then, the generated QR code is attached to the product till it reaches the retail location that it is shipped to. The consumer can scan the code to read up on the online version of the product reviews, availability, and other specifications.

Real-time asset tracking

Team members need not move physically to the warehouse every time they need to find out about the location of a particular asset. By scanning QR codes, they can address problems like errors because of inaccurate documentation of assets. Inventory management which uses QR code software, can also reduce duplication errors, overstocking and understocking. Instead of traditional methods like spreadsheets and manual entry systems, QR codes will also allow you to include additional information like image pictures and GPS locations. These sort of additions help team members track inventory and remove confusions.

Easy to use

QR codes are prevalent because of how they can be scanned by anyone and everyone with the help of a smartphone- a device almost everyone owns today. The accessibility and ease of use are some influential points favouring using QR codes for inventory management. QR code scanners do their job very quickly, even when the code is misaligned. On top of the minimum expertise level required, the versatility of a QR code also makes it an excellent option for various uses. These can store information like URLs, PDF links, GPS coordinates, business credentials and the like. This technology makes work much more accessible and convenient for the warehouse ground staff.

Cloud technology

Administrators can connect the information about the products in a warehouse in the cloud, and all employees can then access the database stored on the cloud. This doesn’t limit the team members and allow them to do their job more freely and even remotely if required. A cloud-based system eliminated the need to keep going back to the offices to update records. Managers can upload the information to the cloud at any time. Some companies could choose to connect the QR code to a webpage that enables the warehouse staff to update, track and edit their inventory.

Easy collection of feedback

A QR code is a tool for market research. It’s a quick and straightforward way to collect feedback from both customers and employees, both of which are extremely important for any business to function. With a simple scan, people can submit information about projects they are working on and offer feedback about the process. Customers can use QR codes on products to leave feedback for the enterprise. Armed with feedback, companies can make swift decisions about how to go about doing inventory management in the future.

Conclusion

Creating a QR code is simple and easy- start by deciding what you need to encode. This can be an asset serial number or inventory SKU number. After selecting the type of code that we want, we need to visit a website that generates QR codes and then enter the data corresponding to the unique code.