ACADEMIC BLOCKCHAIN DOCUMENTS FOR UNIVERSITY CERTIFICATES
Introduction
Blockchain- The revolutionary technology impacting different industries miraculously was introduced in the markets with its very first modern application Bitcoin. Bitcoin is nothing but a form of digital currency (cryptocurrency) Using blockchain technology, not only money but also certificates can be changed to digital form.
Project Objectives
- The project aims to provide a digital certificate that is more secure and tamper-proof.
- Providing global access to information at any time which is permanent and unbreakable.
- Delivering a trustworthy, user-friendly experience and service.
Bottleneck of Paper Documentation
- People who use False Academic Credentials lower the standard of a reputed institution.
- There is a greater danger of Losing Paper Certificates.
- Our nation spends More Money on printing paper certificates.(The costs includes postage)
- The process of issuing a paper certificate requires Additional Time.
Solution
- To introduce digital university credentials on Blockchain.
- Using blockchain technology, the issue of Faked certification can be resolved and avoided.
- The certificates can be saved on IPFS storage as blocks with the help of Smart contracts.
- The IPFS-stored files are protected, unchangeable, and transparent.
What are we working on?
- Digital academic certificates are documents that are kept in IPFS storage as Hash Values.
- Large data can be stored and shared more effectively with IPFS, a file sharing technology.
- Smart contracts are blockchain-based algorithms that execute when certain criteria are met.
Future Vision of Blockchain Documentation
- Utilising Blockchain technology to store all types of certificates.
- World-wide adoption of blockchain technology in banking.
- Land ownership can be transferred without the use of Brokers using Blockchain.
Built With
- blockchain
- ipfs
- react
- smart-contract
- solidity
Log in or sign up for Devpost to join the conversation.