The Maharashtra authorities lately introduced a partnership with Indian blockchain startup LegitDoc to implement an authentication system operated by Ethereum (ETH) to present tamper-evident diploma certificates.
To fight the surge in doc forgery, the Maharashtra State Board of Skills Development (MSBSD) has gone in opposition to its claims to ban Indian cryptocurrencies from utilizing the Ethereum-based public blockchain. In an unique assertion to Cointelegraph, LegitDoc CEO Neil Martis emphasised that whereas certificates will likely be verified utilizing conventional guide strategies, MSBSD will solely advocate a digital verification technique.
Martis confirmed curiosity from different native authorities companies, including:
“We have an energetic task from Governor Karnataka (Department of Information Technology and Biotechnology). We are negotiating with Telangana Government (School Education Authority) and Maharashtra Higher & Technical Education Agency to implement LegitDoc for his or her pupil neighborhood. “
Mainstream institutions like the National Institute of Technology (Surathkal) and Ashoka University are in talks to deploy a similar solution to combat ongoing document forgery, Martis said.
Through the partnership with LegitDoc, India is one of the early adopters in the implementation of e-governance systems for the education sector with the Massachusetts Institute of Technology (MIT), Malta and Singapore.
Citing the blockchain’s ability to contain fraud related to document tampering, MSBSD Chairman Dr. Anil Jadhao, points out:
“In the final 10 years, the forgery of formally issued paperwork has elevated, inflicting nice monetary and reputational injury to these concerned.”
Related: MIT professor warns that blockchain technology is not as secure as it claims to be
Following MIT’s introduction of a tamper-evident blockchain diploma, Cointelegraph shared Professor Stuart Madnick’s view that blockchain is associated with its unique challenges.
As a warning Madnick chose
“The bottom line is that while the blockchain system represents advances in encryption and security, it is fragile in a similar way to other technologies and has new vulnerabilities unique to the blockchain. . In fact, human actions or inactivity still have significant consequences for blockchain security. “
.
.
MicroStrategy buys 15,350 BTC; Ripple launches RLUSD; Lido exits Polygon; BTC drops post-ATH; reduced liquidity…
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…
Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…
Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…
Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…
VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…
This website uses cookies.