There are lots of totally different features for the Blockchain know-how. In spite of everything, the features of any know-how ought to be to make the world a greater place and clear up the problems of humanity.
The announcement has been made by the CEO and founding father of Counos Blockchain business, Pooyan Ghamari.
He has stated on this regard that by launching a Blockchain-based certificates system, this situation shall be a part of historical past. On this system an NFT shall be issued for the certificates with a transparent and specified supply and issuer. This manner, there shall be complete transparency to fight counterfeiting.
So the thought behind this technique can be to implement the options of the Blockchain know-how, amongst that are after all transparency and being tamper-proof, to resolve the difficulty of counterfeiting and protected issuance of certificates.
When will this technique be operationalized?
Pooyan Ghamari added that, Counos Certificates Issuance System will quickly be launched into the market in an effort to situation Blockchain-based certificates, which can inevitably exchange all certificates sooner or later, reminiscent of passports, college levels, and in addition extra trivial objects reminiscent of tickets and different issues available in the market.
How Will This Blockchain-based Certificates System Work?
With this certificates issuance system, the Blockchain community of Counos X, which is a cryptocurrency supplied by Counos Platform, can be utilized to situation certificates reminiscent of college levels, customs paperwork, transportation paperwork, identification paperwork, and many others.
The Blockchain community of Counos X will present a decentralized database or a distributed public ledger that helps retailer all varieties of certificates in a protected, impartial, and personal community, which is totally tamper-proof. Each time a certificates is issued, it turns into digitized and saved within the Blockchain of Counos X to be saved in a protected, safe, and totally clear platform.
So, when the certification system is added to the Blockchain of Counos X, any sort of doc will be issued and saved in a platform that’s 100% clear and tamper proof. There will be no duplicate or pretend paperwork, for the reason that Blockchain community of CCXX is totally decentralized, impartial, and clear.
All knowledge about certificates verification system shall be saved and revealed over a public Blockchain utilizing regular CCXX transaction which follows some particular guidelines. Certification authority will situation a brand new certificates issuance system for every particular id (like main producer, occasion organizer, and many others.), identify, and depend of certificates shall be registered by some particular CCXX transaction. This transaction can be utilized for subsequent degree to situation a certificates to new proprietor.
A particular pockets shall be used to confirm possession based mostly on Blockchain knowledge and make it potential to switch this possession to different entities. CCXX stability which shall be used on this situation shall be supported by extra regular CCXX stability to cowl transaction payment.
To test the validity of the certificates, some public knowledge like certificates topic and first issuer and date of first issuance shall be obtainable on Counos explorer (a particular explorer which permits to learn knowledge on public transaction by studying earlier transaction of present stability). However to point out the possession of Certificates, the proprietor will need to have particular pockets and supply the non-public key. When the offered non-public secret’s accepted by pockets, system will show extra particulars like all earlier house owners and time of issuing.
With a view to apply for the Counos certificates issuance system, any enterprise, schooling system, or some other group and establishment which supplies vital proof, such certificates will be issued. Moreover, verification of this certificates shall be managed by public Blockchain.
Numerous types of certificates and paperwork will be issued, saved, and transferred with the assistance of Counos X Blockchain-based certificates issuance system to create a totally clear and tamper-proof method to finish the issue of pretend certificates as soon as and for all.
