The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually anything of value - including our digital certificates. When we store a credential on the blockchain we cryptographically seal a record of the credential at the exact time it’s created so that others can be absolutely certain that the Certificate hasn’t been altered since it was issued.
There are a number of benefits to this:
1. Once we've recorded a credential on the Blockchain it cannot be altered, faked or spoofed. If someone attempts to create a credential that looks like your credentials it won't verify against the Blockchain record.
2. With paper certificates a key barrier to fraud could be broken with Photoshop or photocopier skills. With digital credentials fraud is harder and puts the onus on our cyber security. Adding your credentials to the Blockchain makes this even stronger because there's a record of the credential that's impossible to change.
3. No private or personal information is stored on the Blockchain. The only thing stored on the Blockchain is a series of numbers mathematically derived from the credential information. We can use this series of numbers to verify that the content displayed matches the original record.
4. Third party trust and confidence in the authenticity of the credential is radically increased.
4. You can display your certificate on your LinkedIn profile and other digital assets.