India issues diplomas on the Polygon blockchain
Digital documents were issued by the LegitDoc document authentication platform
05.08.2022 - 15:25
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What’s new? Maharashtra State Board of Skill Development (MSBSD) of India has issued nearly 100 000 digital diplomas to students issued on the Polygon blockchain. The project was a joint effort between MSBSD and Maharashtra State Innovation Society (MSINS) and was supported by the LegitDoc platform, a blockchain-based system for issuing and verifying digital documents.
Information on the website of The Indian Express
What does a LegitDoc spokesperson say? The platform’s co-founder Neil Martis said that blockchain-based documents offer the highest degree of data security, privacy, and transparency, as well as lower costs compared to regular online certificates.
He added that previously more than 1000 MSBSD employees were involved in issuing hardcopy mark sheets and diploma certificates, and verification was done manually. In this, the verification request had to be processed by three board officials, and this process took about 30 days.
The state of Maharashtra already uses blockchain technology to issue caste certificates and COVID-19 certificates.
The LegitDoc software application uses a proprietary algorithm based on Ethereum and Polygon. It is claimed that the technology protects it from centralized failures and allows the authenticity of documents issued by the platform to be verified from anywhere in the world in 10 seconds. LegitDoc services are used by educational, financial, government, and medical institutions, insurance companies, hospitals, and laboratories.
In July, graduates of the Moscow Institute of Physics and Technology master’s program received their diplomas in the form of NFTs. This is the first such event in Russia. The documents were issued based on the Ethereum blockchain on the OpenSea marketplace platform. Sungkyunkwan University in South Korea also issued NFT diplomas to graduates minted on the Klaytn blockchain.
In April, the University of Johannesburg reported that it would issue blockchain-based diplomas to graduates. The certification system aims to prevent forgery and fraud.
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