Blockchain
Auxesis Launched Blockchain Certificate Issuance Platform on Auxledger Network
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The Government of India has been looking into possible solutions of growing academic certificate counterfeiting issues for over a decade now. A major initiative was taken when NITI Aayog, the policy think tank for the Government of India signed an SoI agreement with Auxesis Group, the country’s leading enterprise blockchain infrastructure company on Feb 2nd, 2018. Further, the initiative was followed by a number ofpilots done with E-Cell, IIT Bombay. Following successful results, Auxesis today announced the launch of a full-blown certificate management solution, Certify, for Indian Universities to issue their degrees on blockchain.
“Counterfeiting of university certificates is a global problem. Increasingly this is becoming a big issue also in our country. Aryan, as a full stack blockchain solution, offers a compelling resolution to certificate forgery problem. I also liked the DApp frontend layer which provides an intuitive way of issuing as well as verifying these certificates.” – Prof. Chandan Chowdhury, Associate Dean, Indian School of Business
Certify is designed as the world’s most advanced blockchain certificate solution which is focused not only towards certificate anti-counterfeiting & security but also towards providing premium user experience and convenience to all the stakeholders. Certify ensures easy issuance of blockchain certificates with low cost and high reliability. The verification app enables corporate recruiters to verify a candidate’s university and degree within seconds where earlier it used to take over weeks. Students can also store and share their certificates to their prospective employers or other recipients via the Certify Vault app in an easy and secure way.
The platform is built on a complete “trust-free” approach demonstrating the real capability of smart contracts. The Certify platform doesn’t store any key, password or certificate data and thus empowers platform users to have complete ownership on their certificates. All data resides in a cryptographically encrypted format inside the distributed data layer. Certificate verification is done by testing the document through multiple entities ensuring no central failure point.
“We started working with Certify as we saw great potential in resolving the fake degree problem. We were also excited to witness an application for the first time which acts purely as service facilitator while does not try to control any data as an intermediary. That’s true decentralization!” – Kushal Agrawal, OC, E-Cell, IIT Bombay
Certify is powered by Auxledger technology, a high performing blockchain infrastructure which has previously been implemented for Indian State Governments and many Fortune 500 companies. Auxledger has also worked with India’spremium institutes including IIT Bombay, IIM Lucknow, Indian School of Business, Amity & SP Jain to facilitate blockchain training and ecosystem. Auxledger public network was launched in February at the country’s biggest blockchain summit. The summit was supported by DST, Govt. of India and State Govt. of Uttar Pradesh to build a stronger blockchain ecosystem in the country.
To get started on Certify, please visit: Auxesisgroup
SOURCE Auxesis Group
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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