There are lots of completely different features for the Blockchain expertise. In any case, the features of any expertise ought to be to make the world a greater place and remedy the problems of humanity.

          The announcement has been made by the CEO and founding father of Counos Blockchain trade, Pooyan Ghamari.

He has mentioned on this regard that by launching a Blockchain-based certificates system, this concern might be a part of historical past. On this system an NFT might be issued for the certificates with a transparent and specified supply and issuer. This manner, there might be whole transparency to fight counterfeiting.

          So the thought behind this method could be to implement the options of the Blockchain expertise, amongst that are after all transparency and being tamper-proof, to resolve the difficulty of counterfeiting and secure issuance of certificates.

When will this method be operationalized?

Pooyan Ghamari added that, Counos Certificates Issuance System will quickly be launched into the market as a way to concern Blockchain-based certificates, which can inevitably exchange all certificates sooner or later, similar to passports, college levels, and in addition extra trivial gadgets similar to 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 concern certificates similar to 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 forms of certificates in a secure, 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 stored in a secure, 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 one hundred pc clear and tamper proof. There will be no duplicate or pretend paperwork, because the Blockchain community of CCXX is totally decentralized, impartial, and clear.

All knowledge about certificates verification system might be saved and revealed over a public Blockchain utilizing regular CCXX transaction which follows some particular guidelines. Certification authority will concern a brand new certificates issuance system for every particular identification (like main producer, occasion organizer, and many others.), title, and rely of certificates might be registered by some particular CCXX transaction. This transaction can be utilized for subsequent stage to concern a certificates to new proprietor.

A particular pockets might be used to confirm possession primarily based on Blockchain knowledge and make it potential to switch this possession to different entities. CCXX steadiness which might be used on this situation might be supported by extra regular CCXX steadiness to cowl transaction price.

To examine the validity of the certificates, some public knowledge like certificates topic and first issuer and date of first issuance might be accessible on Counos explorer (a particular explorer which permits to learn knowledge on public transaction by studying earlier transaction of present steadiness). 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 key’s accepted by pockets, system will show extra particulars like all earlier house owners and time of issuing.

With a purpose to apply for the Counos certificates issuance system, any enterprise, schooling system, or another group and establishment which supplies vital proof, such certificates will be issued. Moreover, verification of this certificates might 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.