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.

The Education Industry can Get Benefit from Blockchain Technology

Posted on November 1, 2022

The education sector can make the most of the revolutionary technology of blockchain. From the authentication of digital credentials to even the issuance of digital certificates, blockchain can help. For example, an educational institution can use QR code certificate verification to ensure the document’s authenticity.

Blockchain tech boosts accountability through blockchain networks, endorses transparency, and motivates learning. It ensures the recording of real-time events because of its immutable ledger technology. Hence, authorize exam results, transcripts, and educational certificates. Professors, university officials, and students can use blockchain technology to decide on assessment deadlines and allocate student loan payments.

The classroom Curriculum

The class curriculum is one main area of the education industry in which blockchain technology may aid. There are various methods for creating, storing, and even distributing class curriculum, and it could be time-consuming for teachers who are constantly rewriting their course material. Teachers can develop, save, and even distribute curricula via an easy-to-use interface leveraging blockchain technology.

Easy Record Keeping

The number of student records is virtually boundless, and confirming academic credentials can be time-consuming, having lots of paper documentation and case-by-case checking. Blockchain technology can remove much of the overhead linked to this process and rationalize verification procedures. It saves educators and administrators time when talking about transfers between schools or states. With blockchain, an educational institution accepting a transfer student may verify their record and the courses they took with a couple of simple clicks. The same notion applies to record sharing with a recruiter or an employer.

The Guarantee of a Quality Education

Blockchain technology in education guarantees that learners cannot fabricate their results, degrees, or even certifications. Hence, it ensures that job seekers have the qualifications required to do well in the field. Similarly, blockchain tech provides the chance to upgrade the connection between job applicants and employers. In the broader sense, open ledger technologies boost bonds between colleges, enterprises, and institutions and their links to society. Integrating answerability and confidence into skilled trades and sharing procedures improves knowledge acquisition and uphold college records.

Upgrading the Scholarships Transparency

Scholarships are a golden opportunity for students from low-income backgrounds. Hiking tuition fees at different institutions often makes such assistance more than essential for some. However, there needs to be a more appropriate allocation of such funds to less well-off students, like the non-legitimate scholarship requests, funds for personal requirements not related to training and more. Some beneficiaries make corrupt use of the scholarships. Blockchain technology offers a chance for traceability and security, making it probable to form a follow-up of such scholarships for better transparency in their usage.

Registration Processes

The registration process for different public and private schools is another zone where blockchain technology can help. The secure QR code can store student information only students, parents, and institution staff can access, and it drops the danger of sensitive data being leaked or stolen. It also develops an irreversible record that remains with the student till they reach maturity.

The Bottom Line

Blockchain integrates numerous technology solutions to offer a dependable, impenetrable record of actions by many parties without the requirement for centralized power. Whether using electronic document secure QR code for securing the documents and procedures or speeding up the educational work, blockchain can help. Trying out this cutting edge tech for your educational institution is undoubtedly a good idea. Try out blockchain solutions today with ProofEasy.