Blockchain technology has many uses. Be it in supply chain management, for DeFi (decentralized finance) or in healthcare. A particularly exciting aspect is the possibility of using a wallet to confirm the authenticity of a document or message. A university in the USA is now taking advantage of this.
Certificate is verified with Bitcoin blockchain
The reddit user @wandererli reported , that he proudly graduated from the Masters of Business Administration course. But the former student received the certificate not only in paper form. Because the US university gives its graduates the opportunity to verify the diploma using blockchain technology.
The certificate was verified using the Bitcoin blockchain. As can be seen in the picture, the certificate is "a validated Bitcoin certificate". This is made possible by working with Blockcerts, a company that specializes in issuing and reviewing academic certificates and attestations - using blockchain technology.
The prerequisite for this verification is the possession of an official Bitcoin wallet, which only the university can access. All transactions and activities in this wallet come from the university. In order to verify the authenticity of the reddit user's certificate, an MIT wallet transaction was carried out accordingly. Of course, the graduate also received the document in paper form - but the blockchain guarantees that this is the real certificate and, unlike the document on paper, is proof that it cannot be tampered with.
Craig Wright: Signing a message is fatal to him
The possibility of signing a message caused a stir in the crypto world a few days ago. After Craig Wright claimed for years that he was Satoshi Nakamoto, thanks to a verified message, there was definitely proof that he was not. Several addresses from 2009 signed a message saying Craig Wright is a scam:
Markus from Kryptokumpel.de
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