Blockchain
Auxesis Launched Blockchain Certificate Issuance Platform on Auxledger Network
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
Blockchain
Global Collaboration and Elite Team Drive: TwyAe Advances into the New Era of Crypto Finance
TwyAe Exchange
Blockchain
Frontiers of Fintech: Innovative Practices of SILEGX Exchange
SILEGX Exchange
Blockchain
Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships
-
Blockchain Press Releases6 days ago
Notabene Raises $14.5M in Series B Funding Led by DRW VC to Drive the Future of Stablecoins and Payments
-
Blockchain Press Releases7 days ago
Moby, Engages GSR to Enhance Liquidity and OTC Trading for Moby Token
-
Blockchain Press Releases4 days ago
Vantage Markets Named Leading Broker in Investing.com’s Latest Rankings for 2024 during the US Election Period
-
Blockchain4 days ago
Money Transfer Apps Industry Worth $47.67 Billion by 2029 – Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More
-
Blockchain Press Releases5 days ago
Bybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition
-
Blockchain7 days ago
The First Cold Wallet for Miners: EMCD & Tangem Launching Limited Edition Wallets
-
Blockchain Press Releases4 days ago
Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals
-
Blockchain Press Releases4 days ago
Vantage Australia Celebrates 15 Years of Trading Innovation with Groundbreaking Anniversary Video