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.

Digital Certificate Creation: Why is it Important in 2024?

Posted on January 29, 2024

Certificates serve as a standardized store of value for a range of things, including your birth, graduation, social security number, driving license, and death. However, bad actors have worsened the situation with their attempts to forge official documents or alter a document’s contents. Worse, some industrious companies are bold enough to issue fake certificates at large for a cost. However, digital certificates can change the game and make the certificates more resilient.

Why is it Important for Organizations to Issue Digital Certificates in 2024?

The biggest reason why organizations must issue digital certificates is the arduous certificate generation process. Manually issuing physical or digital certificates is a time- and effort-intensive activity. Not to mention, tedious and mind-numbing.

Second, certificate verification is a hassle. Not only does it require a lot of time, effort, and costs but also there’s no guarantee if the lengthy verification process will yield the desired results. For instance, you decide to verify the graduation certificate of a student seeking admission into your famed masters program. Given that there are limited seats and you’d rather not take any risks, you track down the obscure university and drop them an email.

Now, there can be multiple scenarios. One, they won’t reply to your email. Two, they’ll reply, but at a much later date. Or they might reply on time but then you’ll have to rely on the email’s contents. If a fake university gets involved, it’s possible the emails will be sent to them and they’re the ones who’ll respond to your query.

Besides, maintaining the extensive paper trail is no joke. You’ll be responsible for issuing, storing, sharing, and maintaining impeccable records of the certificates. But if you’re tired of them, it’s time to switch to document digital certificates.

What is a Digital Certificate?

A blockchain-based digital certificate is issued using blockchain technology and complies with the standards laid down by the World Wide Web Consortium (W3C) in the Verifiable Credentials Data Model 1.0.

According to this model, verifiable credentials must be tamper-proof, verifiable by machines, and should employ privacy-enhancing technologies like decentralized identifiers (DIDs).

For additional security and to keep unwanted intruders out, these digital certificates can only be issued by authorized issuers. Further, the issuer must use their private keys to issue digital signature certificates following the principles of cryptography.

Besides being incredibly secure, these certificates are tamper-proof, transparent, can be accessed at any time from anywhere, and promote instant verification.

However, you must partner with a reliable technology partner to take care of the technical aspects while you focus on expanding your business. Enter ProofEasy.

After partnering with ProofEasy, you’ll only have to share the template and data required for the customized fields. We will take care of the rest. You can issue the certificates in bulk, share them directly through the platform, and add a unique QR code on them to make them more secure and improve the verification process.

Our budget- and user-friendly solution comes with a customizable API layer so you can use the solution without burning a hole in your pocket, scheduling a training session for your employees, or overhauling your existing systems. Contact us today to begin issuing digital certificates for your organization.