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Blockchain Application for Document Verification

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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. – PowerPoint PPT presentation

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Title: Blockchain Application for Document Verification


1
Blockchain Application for Document Verification
blockchainexpert.uk
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 isnt 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 isnt 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
  • 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
    blockchain in defense and security, blockchain is
    into laying its own effective solutions so as to
    overcome the current challenges among them.

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. Lets get deeper. Current challenges
in document verification Our universities and
schools havent 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.
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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
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. 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.
7
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. Eve
ry document stored within the blockchain will be
verified against the user document, verifying
that it matches. A match synonyms document isnt
changed. 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
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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
Click here to read more about How to Secure
IoT Devices with Blockchain
10
Thank You !
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