“The process of extracting academic progress and verifying educational documents is time-consuming and expensive for students and educational institutions alike. For instance, transcript verification typically takes several weeks, and students applying for study abroad programs in the United States are required to pay an additional $500 application fee. Blockchain technology can expedite and streamline this process, reducing costs,” mentioned Alurva Bajaj.
Concordium’s CTO, Nibras Stiebar Bang, elucidated the process of verifying Edubook credentials. The decentralized application (dApp) developed consists of two layers: the eSeal layer and the verification layer. The eSeal layer utilizes the blockchain to manage certificate records and transcripts. It generates a unique hash of the file and creates a timestamp, recording relevant information on the chain, including the document’s recipient and issuer.
The blockchain will store the following information: the recipient and issuer of the education certificate, a unique hash of the certificate file, the timestamp of the certificate, and the entity recording the certificate on the chain. If all the provided data matches the information generated during the eSealing process, the decentralized application will display a green checkmark with the message “Certificate Verified”. Any attempts to modify the data or instances of missing certificates not recorded on the chain will trigger red error signals. Nibras Stybar Bang believes this system will enable students to easily prove the authenticity of their diplomas.
Last year, Protokol, a blockchain solutions provider, and the EBSI VECTOR project initiated the development of an infrastructure to enable European Union countries to utilize blockchain for verifying educational and work qualifications.