Academic degree verification and certification process currently used by educational in- stitutions worldwide is a manual process and is extremely inefficient. In addition, the current process is error-prone and an easy target for manipulation and fraud. In some cases, educational institutions use 3rd parties, acting as trusted partners, to verify the integrity of the student's records, which in turn makes the verification process unwieldy and expensive.
With the advent of BlockChain technology, now it is possible to create an extremely effi- cient, cost-effective and robust solution for document and degree verification and certi- fication, which totally eliminates the possibility of data modification or fraud by anyone. BlockChain technology is a digitized, decentralized data structure using public ledger for storing all transactions. The underlying technology is a distributed peer-to-peer record- keeping solution that builds a system of trust among various participants. BlockChain technology provides an unprecedented level of security and guarantees that the data stored is immutable and cannot be tampered with, thus eliminating any possi- bility of data fraud. Since BlockChain is decentralized, there is no single point of failure. In addition, data stored on BlockChain is encrypted, hence only a certified and authenti- cated user has access and can share this data.
VSi has developed and deployed a Degree Verification System (DVS) using BlockChain Technology. It is based on an Oracle-based Campus management System (CMS) that pro- vides a platform for recording information relating to all activities of the students during their academic life, including student records, transcripts, and degree information. Student Portal allows authorized users, after authentication, to access and query their credentials and select a portion of the records they wish to share with the potential em- ployer or interested parties, securely.
Academia Portal allows authorized users after authentication, to access and edit the cre- dentials of students. Once their changes are submitted, a transaction is written to the BlockChain network, updating the ledger with new record, that cannot be modified.
3rd Party Industry Portal allows registered users such as potential employers and other interested parties, after authentication, to request transcripts and degree certification of potential candidates.
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Farm Operations Management System (FOMS) is a BlockChain-based platform that allows Farmers, their Lenders and Agri-Business customers, to better trace and track assets and provide lending institutions deeper and accurate information about their financial health. FOMS has the functionality, security and storage capacity required for users to enter standard fields of information that can be compared and analyzed by lending organizations. FOMS is driven by the primary objective of producing financial, operational and quality assurance reports. These reports are required from the farmers as part of the loan processing by lending organizations such as banks. The reports are dependent on a large amount of information about the infrastructure of farm, livestock information, operations of farm and conformance to the best practices.