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 Talent 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 normal handbook strategies, MSBSD will begin advocating solely the digital verification methodology for all of the handbook verification requests 12 months.
Showcasing curiosity from different native authorities authorities, Martis added:
“Now we have an energetic work order from the Govt of Karnataka (Dept of Info Know-how and Biotechnology). We’re in talks with the Authorities of Telangana (college schooling dept) and Increased & Technical schooling dept of Maharashtra to implement LegitDoc for his or her scholar group.”
Mainstream establishments such because the Nationwide Institute of Know-how (Surathkal) and Ashoka College are in talks to implement an analogous resolution for countering the continued forgery of paperwork, Martis mentioned.
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:
“Within the final 10 years, there was a rampant improve in forgery of government-issued paperwork which have triggered big monetary & reputational losses to the stakeholders concerned.”
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 viewpoint 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 weak in a few of the identical methods as different expertise, in addition to having new vulnerabilities distinctive to blockchain. In actual fact, human actions or inactions nonetheless have important penalties for blockchain safety.”