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.

Scope of Education Sector with Blockchain Document Security

Posted on August 6, 2022

In this world of digitization, the requirement for securing and managing documents is becoming immensely crucial. Documents related to digital artefacts such as birth/death certificates, educational certificates, driving licenses, health records and many more. Moreover, people are also realizing the inefficiency that paper-based documents and hard copies offer across different industries.

Blockchain is a powerful technology for storing and sharing documents and other records. Whether financial sector, educational institutes, legal fields, or government bodies, blockchain gives them the platform to keep confidential data safe and secure. With the introduction of blockchain document security solutions, it is becoming possible to achieve complete document security.

Education sector particularly has been testing the capacity of blockchain technology and their influence over the systems. Let’s take a look at some ways in which this progressive tech is helping the education sector to evolve.

Eliminating the Issue of Document Forgery

Over the years, the cases of fake certificates or falsifying academic credentials have caused major challenges in the education sector along with the recruiters that are looking forward to hiring new candidates. Since the students’ record keeping systems are still not technologically advanced, it is easy for hackers to get through the system and manipulate or tamper the credentials saved.

But with the use of blockchain technology, things could change for good in the education sector. Since blockchain is an immutable tech, its use will ensure that no unauthorized individual can change, add or modify the documents stored in the system. This will significantly eliminate the issue of fake certificates or document forgery.

However, blockchain technology will also offer users the scope to authenticate the temporal existence of documents. This is why, more and more prominent education institutions such as MIT are running pilot programs to issue diploma certificates for students in order to combat the issue of fake certificates and maintain high-level security through blockchain encrypted document solutions.

Documents are Safe with Blockchain

Blockchain is a decentralized, public or private database in which all information or data gets stored chronologically. In addition, these get mirrored on various servers across the world.

Any alteration will require so much computing power that barely anyone is probable to have it. It makes documents and data in the blockchain secure.

Even if there has been any attempt to change it, users will get to know immediately. The point is blockchain makes documents forgery-proof. Hence the fraudsters cannot just alter the documents with any image editing software.

Trustworthy

Since blockchain eradicates intermediaries, it removes the possibility of corruption of documents by any external source. This means aside from the owner (the educational institute) no one can control or tamper with the documents stored in the blockchain-based server.

Also, it forms up the origin of any given information as it assigns data ownership to the members. Such a transparent structure develops a trust-based network with a single understanding of the information flow that does not permit misrepresentations.

QR Code Integration

The issuance and verification process of student documents can be made highly efficient with the introduction of document authentication qr code. The integration of blockchain tech with the QR code system will enhance security of documents. The unique QR code can be generated that can be scanned by the receiving party (students/employers) to access the records stored.

The hash value system matched with that of blockchain hash value which then leads to accessing of the confidential documents. If it fails to match then the document is unable to be accessed. With this integrated system, you can also authenticate the files stored.

Complete Transparency

Blockchain acts as a publicly distributed ledger, and it records every new addition in the block immediately visible to every participant. A new partnership must add up if any mistake emerges to correct the error. As a result, it forms an immutable ledger format that might be crucial for essential documents such as patient files, legal cases, land records, degrees, contracts and more.

The Bottom Line

At present, the importance of document security and verification is a highly prioritized aspect for every industry. The use of blockchain technology is proving to fulfill these aspects and give organizations what they seek for when it comes to document security. If you are looking for an expert document security solution using blockchain tech attributes then make sure to check out ProofEasy.