Trusted Platform for Leveraging Blockchain


A Platform for Leveraging Blockchain Technology for the Storage, Issuance and Authentication of Academic Credentials
  • Verifying academic credentials is an important process that almost all individuals must go through several points in their lives. Proving the validity of one's academic qualifications is not only important for getting a job in a well-known organization, but also being relevant when moving across geographical boundaries, whether for higher education, or for work. Conventional academic credentials of verification systems are comprehensive, time-consuming, expensive and carried out not to serve their purpose effectively. Incidents related to distortion facts in credentials can be linked to traditional manuals and paper-based processes which are unfortunately vulnerable to forgery and human error. Academic institutions have significant administration and storage costs when it comes to securing and maintaining records their students. In addition, entrepreneurs spend a lot of time and money in the process of verification of potential academic records candidate. Furthermore, students do not have outlets to be safe and continue to store their credentials in digital countries. Trusted is ready to disrupt the process of verifying academic credentials, utilize Ethereum and smart contract functions Hyperledger, combined with security measures and sophisticated novels data storage techniques. It is believed to be using ERC20 compliant Trusted tokens (TED) and Trust Credit (TCRD) original Tokens for function, thus, optimize, secure and speed up procedures involved in the credential verification process. Mandate publishers can upload verified and error-free credentials, peer-to-peer (P2P) networks for each credential holder to access, and allow distribution, to each stakeholder

The Trusted platform helps overcome a system that is currently dysfunctional by enabling academic institutions to store credentials and certifications in distributed global ledgers, rather than centralized databases. These institutions act as authority to verify, ensuring that each academic credentials are confirmed directly from the source.

verification is projected as one of the most profitable segments in the Distributed Ledger Technology (DLT) screening service, increasingly being applied, and understood as new general-purpose technology for various types of economic activities that depend on consensus database transactions or pre-dominant architectural records used by most systems in several industrial domains on client servers technology is thus disrupted quickly by decentralized computing, where the ecosystem of organizations and individuals participate and share data by means of peer-to-peer (P2P). This annoying DLT role can occur identified in a system such as Filecoin, which completely rearranges incentives in data-based ecosystems by turning cloud storage services into algorithmic marketplaces A recent study shows that blockchain for companies allows new forms of distributed software architecture, where agreement on shared status can be established without the need to trust the integration point of the Blockchain center on the point is a shared database that allows several parties to operate in an environment without trust, where each transactions are timestamps and are cryptographically related, at history of ledgers distributed. DLT thus provides an opportunity to be safe nsave credentials and other relevant data, in trusted peer-to-peer P2P network. In addition, smart contracts allow open and collaborate ecosystem transaction protocol between stakeholders on the network. Smart contracts are a form of computerized transaction protocol implement contractual provisions after certain conditions are met  Such new technologies create P2P networks that cannot be trusted and distributed for academic institutions, government agencies, students, and entrepreneurs, for safe and instant carrying out the credential verification process, while at the same time dividing third party stakeholders and cheat industry practices through transparency and eternity blockchain. As a result, this paper fills the gaps that exist in the state art by answering questions about how to communicate and save verified academic credentials in a safe environment without trust, when simplifying

onboarding educational institutions, proven that not all academic institutions will be willing to use ittechnology. As a result, infrastructure is TRUSTED will allow students or recipients of academic credentials the ability to upload their own credentials to ensure they have 24/7 lifetime access to this document. Trust as a result will act as a cloud special storage platform for academic credentials, ensure eternity and eternity. In In addition, students upload their own academic credentials will have the ability to share this comfortably with their academic institutions, and have they verify the validity of credentials even if they are not part of the network

Detail ITO






Komentar