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.

How Can Proofeasy’s Unique QR Code Help You Verify Your Documents Visually?

Posted on March 15, 2021

Evolutions in technology have produced a diversity of new tools for confirming authenticity. One such tool that has achieved popularity in document verification is the use of QR code to confirm or check if a credential is genuine.

What is a QR Code?

Masahiro Hara from the Japanese company Denso Wave invented QR code system in 1994. In the beginning, the design of the code was influenced by the black and white fragments on a Go board.

The purpose of the code was to track vehicles during manufacturing. They designed the code to allow high-speed component scanning.

Today, QR (Quick Response) codes are popular and they are in the shape of a matrix or two-dimensional barcode. QR codes can also be taken as encoded pieces of data.

You can use these graphical symbols to acquire information or data from the transitory media and get data instantly transferred into your mobile phone.

In other words, QR codes are bar codes that can be read by using a scanner application on your phone. Many phones have a built-in app, and you just hold your phone’s camera up to the QR code to read it.

Moreover, QR codes have become a low cost mobile solution that is helping businesses and consumers identify the genuineness of documents, certificates, products, and so on. The concept is a convenient track-and-control procedure because you can deploy it on smartphones and other mobile devices.

QR Code is a Prevalent Concept

The practice of QR codes for validation purpose has been prevalent for quite some time now. If your business is not using unique QR code for verifying your documents, you may be on the losing end.

Most of the businesses that value their brand, use QR codes to verify their documents and deter any counterfeit production.

Similarly, blockchain was originally introduced for the cryptocurrency but the tech world has now found other possible uses for it like blockchain verification.

A blockchain has no Bitcoin transaction cost, it is a general way of passing data from A to B in a completely automated and safe manner. It allows digital information to get distributed but not copied.

Presently, businesses extensively use blockchain QR codes for authentication of documents, payments, contact information exchange, and much more. After all, QR codes are highly encrypted and hence, no one can decrypt them by scanning them using other software.

Easily Check the Legitimacy of Documents with QR Code

Barcodes have turned out to be common in the present world. You see a code on nearly everything you come across. You see barcodes on consumable goods, labels, gift cards, and practically everywhere else from shopping stores to supermarkets.

Hence, the bar codes are surpassing the conventional pricing system in order to reinvent the system in a more practical and swift manner.

Nearly all types of businesses have started using the concepts of barcode technology. Actually, QR codes are one of the various types of barcodes. Unfortunately, only a few people are aware of the fact that QR codes are much useful when it comes to verifying and sharing your important documents.

Don’t Take Your Documents for Granted

There are many documents you take for granted daily that are subject to document fraud. Medical certificates, graduation certificates, mortgage documents, employment contracts, legal documents, and insurance contracts are a few of many documents subject to deceitful activity around the world every year.

The solution to forged documents is surprisingly simple. With quick steps in document security QR Code, securing document is simple, efficient, and affordable.

QR cord is a verification system that aims to stop these fraudulent activities, with the usage of Blockchain technology and smart contracts.

The unique QR solution allows you to verify that the document you are looking at, is the authentic document that was created by the issuer.Hence, you can easily verify all your information swiftly and without any doubts.

You can do it by using QR code coding that is done by reading the multiple black squares and dots that are there on unique QR code.

Once the QR code gets scanned, it matches the unique hash value linked to the QR code, to the unique hash value of the authentic and original document stored on the client’s server, and the unique hash value given on the blockchain.

Hence, anyone who wants to check authenticity of the document can scan the QR Code and view details on the official database. So, since the document confirms the document details through the official database, nobody can tamper with it.

QR Codes are Applicable for Both Printed and Electronic Formats

Businesses today can issue printed or electronic documents with secure unique QR codes for document security. This can be conveniently verified with any smartphone (using a QR app) that validates the documents or content against tampering.

The unique QR code includes a link to the verification engine for your specific document. The verification engine authenticates the hash on the blockchain and shows you the original document that was secured using the QR platform. Hence, you can verify your copy of the document against the document displayed in the results page of the QR system.

You do not even need to Access Central database because it fully evades Central Database or network access for authentication. Thus, making it efficient and keeping the documents hackproof.

So, with the right software, virtual document verification becomes easy and efficient for any individual or a business.

For example, in 2020, the U.S. Food and Drug Administration (FDA) announced that “Certificate to a Foreign Government” and “Certificate of Exportability” for human food products would encompass a unique QR code to permit easier verification of the authenticity of these certificates.

The Bottom Line

It is time to future-proof your signing, certifying, and verifying procedures. You can make your customer’s document authentication effortless with Proofeasy’s unique QR code platform. With this, verification of documents is possible anytime and anywhere.