For business is based on Multichain, holding different types of assets with any describing metadata. It stores information in a distributed and decentralized way, and the information can never be erased. It has an incorruptible digital ledger of transactions shared by participating nodes. Blockchain is modeled for commercial networks with privacy.
The blockchain technology consists of replicating in any number of nodes, blocks of transactions cryptographically signed to prevent their alteration, as well as to prevent the alteration of the order of the blocks within the chain. The consensus on the order of transactions and their entry into the network is given by different algorithms such as Byzantine Fault Tolerance.
Currently, we need trusted central authorities to verify the existence of digital transactions, validate them, and keep them secure, safeguarded and private. - Our ISP tells us that our e-mail has been delivered. - Our Bank is telling us that it has effectively transferred the money we wanted to. - Our browser tells us that a website is really the site we meant to visit, and it is protected by a valid certificate.
Bitcoin participants are anonymous, everyone can join and view any past transaction, the only Asset is the shadow-currency, the only transaction is money-transfer, heavy cryptography is required for consensus … unuseful for regulated industries
Certifications, degrees, secondary school diplomas, attendance to courses and events, are very difficult to verify. Verification requires a lot of burocracy, gets worse in cross-country jurisdiction, and there are a lot of counterfeits (e.g. alledged master degrees and tampered paperwork). There is no central entity, trusted by all parties, that can assure that a certain person has achieved certain qualifications in time and space (when, where, what exactly)
Create a decentralized entity, invite all involved parties to participate, reduce burocracy and counterfeits. Let all parties participate in a decentralized system trusted by all, even when they not trust each other completely. This would be a Blockchain Consortium, where all parties can have nodes anywhere in the Internet that participate in the consensus process.
Students, professionals and working people can obtain courses certificates and recieve job offers from companies.
As an educational Institution you can issue certificates to your students using our Blockchain Techonlogy.