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.

Ways of Transformation of the Educations Sector

Posted on July 26, 2022

The possibilities for using blockchain technology in the education sector are exciting. However, numerous stakeholders inside the education field are unaware of the beneficial ways of blockchain technology.

You can implement blockchain secure qr code within individual educational institutions, different groups of educational institutions, and both national as well as international educational bodies. You can securely store credits, badges, and qualifications and make important educational data available to others with Blockchain.

Blockchain is a distributed database scattered across many computers with no central control that could alter governance, economy, businesses, and even operations of organizations. Every single block is transparent but tamper-proof. A ”block has a timestamp for recording transactions and provides permanent evidence of all of them. Rather than depending on third parties, it is a frictionless way to transact with others.

Student Records

Many universities have recognized Blockchain as a great way to store , track and use student credentials. It enables students and learners to get efficient and convenient access to their records and share it safely with possible employers. It even eases the load on employers as they don’t have to perform an extensive background verification process to confirm a student’s or applicant’s accomplishments.

A direct blockchain link to the student’s records will save time and give a full picture of the skills & background of the student. For example, the employer can instantly do qr code certificate verification by scanning the certificate presented to them. The authentic document will reveal once the QR code hash value matches the QR code on the blockchain network.

Improved Learning Platforms

Universities can develop easy blockchain-based education systems and projects linking students and teachers. Users get internal tokens to ask for feedback from standby internet tutors. They can even download learning materials and access different education services.

Once students on education platforms watch tutorials and introduce new users to the system, they get tokens. Content creators also earn a better number of tokens once users interact with their content. Learning becomes easy for all with quick interaction between students, instructors, and even developers.

Diminished Frauds in Education Sector

There are numerous documented instances where job applicants have used forged academic papers. Many people lie about their educational qualifications when applying for any job. Sometimes, the employer or interviewer does not have a mark sheet to confirm the applicant’s skills. Thus, they will likely hire unskilled or unqualified personnel for a specific job.

Fraud and hacking have plagued the education industry. Ideally, attackers can manipulate and delete data from education systems to award fake certificates. However, blockchain technology can dodge these fraud practices in the education sector.

Blockchain promises a consistent and transparent ledger for all academic qualifications. It is impossible to change when a college records student data on an online ledger. You will require permission from all network users to change the information. Similarly, universities can form a ledger with a custom blockchain protocol. The platform is crucial for issuing students’ transcripts and certificates. Once student data or confidential papers register on a blockchain network, they become tamper proof documents.

The Bottom Line

Blockchain technology deals with the issues of tailored learning and ensure trustworthiness in academic qualifications. Whether blockchain QR codes or any other similar solutions, you must implement them in your education institution with ProofEasy.