The Authorities of Maharashtra lately introduced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for offering tamper-proof diploma certificates.
In an effort to counter the rise in doc forgery, the Maharashtra State Board of Ability Growth (MSBSD) goes in opposition to India’s crypto ban narrative to use Ethereum-based public blockchain. In an unique assertion with Cointelegraph, LegitDoc CEO Neil Martis highlighted that whereas the certificates are verified utilizing the standard guide strategies, MSBSD will begin advocating solely the digital verification methodology for all of the guide verification requests 12 months.
Showcasing curiosity from different native authorities authorities, Martis added:
“We have an active work order from the Govt of Karnataka (Dept of Information Technology and Biotechnology). We are in talks with the Government of Telangana (school education dept) and Higher & Technical education dept of Maharashtra to implement LegitDoc for their student community.”
Mainstream establishments such because the Nationwide Institute of Know-how (Surathkal) and Ashoka College are in talks to implement an identical answer for countering the continued forgery of paperwork, Martis stated.
The partnership with LegitDoc locations India amongst early adopters to implement an e-governance system for schooling with the Massachusetts Institute of Know-how (MIT), Malta and Singapore.
Citing blockchain’s functionality in curbing the frauds associated to doc forgery, Chairman of MSBSD Dr. Anil Jadhao identified:
“In the last 10 years, there has been a rampant increase in forgery of government-issued documents which have caused huge financial & reputational losses to the stakeholders involved.”
Associated: MIT Professor Asserts Blockchain Know-how Is Not as Safe as Claimed
Following up on MIT’s implementation of the tamper-proof blockchain diploma, Cointelegraph reported Prof. Stuart Madnick’s standpoint that blockchain comes with its distinctive set of challenges.
As a phrase of warning, Madnick opined,
“The bottom line is that while the blockchain system represents advances in encryption and security, it is vulnerable in some of the same ways as other technology, as well as having new vulnerabilities unique to blockchain. In fact, human actions or inactions still have significant consequences for blockchain security.”