The Authorities of Maharashtra just 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 Improvement (MSBSD) goes in opposition to India’s crypto ban narrative to make use of 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 technique for all of the guide verification requests 12 months.
Showcasing curiosity from different native authorities authorities, Martis added:
“We now have an lively work order from the Govt of Karnataka (Dept of Data Expertise and Biotechnology). We’re in talks with the Authorities of Telangana (faculty training dept) and Greater & Technical training dept of Maharashtra to implement LegitDoc for his or her scholar neighborhood.”
Mainstream establishments such because the Nationwide Institute of Expertise (Surathkal) and Ashoka College are in talks to implement an analogous answer for countering the continuing forgery of paperwork, Martis mentioned.
The partnership with LegitDoc locations India amongst early adopters to implement an e-governance system for training with the Massachusetts Institute of Expertise (MIT), Malta and Singapore.
Citing blockchain’s functionality in curbing the frauds associated to doc forgery, Chairman of MSBSD Dr. Anil Jadhao identified:
“Within the final 10 years, there was a rampant improve in forgery of government-issued paperwork which have prompted big monetary & reputational losses to the stakeholders concerned.”
Associated: MIT Professor Asserts Blockchain Expertise Is Not as Safe as Claimed
Following up on MIT’s implementation of the tamper-proof blockchain diploma, Cointelegraph reported Prof. Stuart Madnick’s perspective that blockchain comes with its distinctive set of challenges.
As a phrase of warning, Madnick opined,
“The underside line is that whereas the blockchain system represents advances in encryption and safety, it’s susceptible in a few of the identical methods as different expertise, in addition to having new vulnerabilities distinctive to blockchain. The truth is, human actions or inactions nonetheless have vital penalties for blockchain safety.”