Digital Certificate System for Verification of Educational Certificates using Blockchain

Abstract

While the number of universities, tertiary education students and number of graduates per year constantly increase, the need to easily verify degree certificates generates new business opportunities. In this paper we project two financial models balancing where the price for the service is balanced between the graduate and the employer as the main stakeholders of that service. Students demand a proof-of-certification at low cost and easy to check, employers also demand quick and trustable verification of degrees when recruiting. As large number of students graduate every year, the problem of fake certificates is a big issue. One can easily get fake certificates in India. Companies hiring thousands of fresher spend large amount of money to get the educational certificates and transcripts verified of applicants. A Digital Certificate using blockchain technology can address this problem. Blockchain is a decentralized distributed digital ledger collectively maintained by a network of computers, called nodes. The data in the blockchain cannot be modified by a person without the consent of everyone else who maintains the records. This makes the data secure.