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Blockchain application for document verification

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The profitability of using blockchain for document verification starts with its immense capacity to store data in large volumes. These stored data can be easily verified by any individuals in the network from any place.

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Blockchain application for document verification

  1. 1. Blockchain Application for Document Verification blockchainexpert.uk
  2. 2. INTRODUCTION Students achieve numerous certificates during the course of their study and career. And these certificates have to be produced before the concerned in pursuit of higher studies and better job opportunities of the individuals. However, the conflict arises when the organizations or the concerned professionals sit for verifying the documents manually. Must say, it is a challenging task. Validating the certificates and other documents of the individuals isn’t that straightforward as we believe. It is quite hard even for trained professionals to bifurcate the original from a fake. Today there is a rising number of forged and counterfeit documents as creating them isn’t that difficult. There are many agencies and freelancers who are into the business of fake certifications. People can easily get away with fake certificates paying cheap amounts. This has increased the number of fake documents presented in various circles. Indeed, the fake certification has become a longstanding issue in the job market and academic circle. Because the exact reproduction of certifications makes it too complex to verify them manually.
  3. 3. Fakery and fraudulent representations are more like a Mythical Hydra of Ancient Greece. They got the power to disrupt society in many ways. If we take the case of fake academic and professional certificates, it is immensely causing great loss to the nation as well as the organizations. Fake certifications have gradually turned into an epidemic destabilizing both economy and academics. So how do we achieve fraud prevention and risk minimization? How can we perform the correct ID check of the students or candidates who apply for positions with you? Yes, Blockchain has started answering them. Though the initial idea behind coining the blockchain was the digital currency, now the distributed ledger technology is seen disrupting every industry streams despite its characteristics. From supply chain management to manufacturing operations, accounting to defense and security, blockchain is into laying its own effective solutions so as to overcome the current challenges among them.
  4. 4. Blockchain document verification is yet another innovation that soon got viral and spread like a wildfire. It did not take much time for the blockchain technology to prove its significance in eradicating the fake certifications or documentation. The distributed ledger technology features immutability that helps in generating anti-counterfeit documents and easy verification of produced documents. As with blockchain, every transaction is publicly verifiable, there hardly exists any possibility to fake or alter the documents. Let’s get deeper. Current challenges in document verification Our universities and schools haven’t got into the position of issuing digital certificates in place of hard copies. Many of the educational institutions and companies distribute hard copies of the earned credits like degree certificates or experience certificates.
  5. 5. Therefore, whenever the individuals go in search of better education or job opportunities with the public and private sector, they produce these hard copies of these certificates for their background check. However, it is time-consuming for the concerned individuals and organizations to verify them manually. With applications large in number, the work is double. Moreover, identifying manually the legit certificates from the fake is equally time-consuming and challenging. There is a chance that you get unnoticed of the fraud or fake certification thus opening doors to ineligible candidates getting chance. This can significantly affect the business or the organization in their later run. With the advent of technology, it has become that simple to counterfeit document features like stamps, fonts, watermarks, carrier materials, etc. Therefore, the human eye may not succeed many times in figuring out whether the document is real or fake. The problem of plenty of such certificates thus demands certain automation and artificial intelligence to knock out impostors.
  6. 6. Blockchain for document verification The profitability of using blockchain for document verification starts with its immense capacity to store data in large volumes. These stored data can be easily verified by any individuals in the network from any place. Moreover, the data stored on blockchain remain unmodifiable as it spread over a decentralized shared distributed ledger framework. Thus document falsification is hard to accomplish. Secondly, blockchain is not bound with the central body, unlike the traditional document verification system. One of the drawbacks of the traditional document verification process is the lack of trusted centralized authority. Even the governing bodies are counterfeiters. However, when it comes to blockchain, the database is neither centralized or bound by any rules. With blockchain, both verification and issuing of the document are made simpler. One can easily verify the n-number of digital records using blockchain and issue them at a rapid pace
  7. 7. Neither any intermediary nor any hefty fees come into play in blockchain to get certificates done. Moreover, the digital certificates generated by blockchain are impossible to counterfeit, curbing totally the reputational risks for an organization, improving the trust and transparency of its stakeholders. Learn how ”blocktick” verify and secure your records. The application is new, yet a powerful medium to fight against fake certificates. The decentralized certificate verification application is indeed an advanced platform to keep your digital records tamper- free. Built on EOS blockchain, the document verification app is traceable, tamper-resistant and encrypted. The smart contracts working at the backend and the encrypted hash value of each document totally eradicates the problem of fake certifications. Every document stored within the blockchain will be verified against the user document, verifying that it matches. A match synonyms document isn’t changed.
  8. 8. With blocktick, your organization need not rely on third-party for record-keeping. However, in most of the conventional setup, renting record keeper is demanded. This often poses problems like data getting corrupted, hefty price in storage and many others. Though workable it is far from perfection. However with blocktick - blockchain document verification app, there is no such issue. The application can store a large volume of data. The educational institution or the company using blocktick can upload user details( in batches) and issue certificates based on uploaded data. Simultaneously the certificates get issued to the blockchain making it immutable. These documents can be later retrieved by the user using the system- generated key. The user can log in to his interface in blocktick and take complete control over their document. He can set privacy for the document, generate keys to share the documents to the third party for verification, delete keys anytime for controlling the continued access of the document, etc. From offering a fast, secure and flexible verification and issuing portal, blocktick ensures zero dependencies on third-party to verify the authenticity of certificates
  9. 9. Click here to read more about : Blockchain Application for Document Verification
  10. 10. Cybrosys Limited Alpha House, 100 Borough High Street, London, Greater London SE1 1LB, United Kingdom Thank You ! info@blockchainexpert.uk Mail UsUK Phone +44 7414439281

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