Potential of blockchain technology to solve fake diploma problem
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2019Copyright
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Blockchain technology is a revolutionary technology for its potential to build systems where strangers can transact with each other without the need of any intermediary to oversee the transaction between the parties. In our traditional degree certificate system, employers need to trust the intermediaries e.g. certificate holder, teacher and university officials for the legitimacy of the certificate. Because of trust, there are vulnerabilities to fraudulent activities by the intermediaries to produce fake diplomas or fake degree certificates. Fake certificates cause significant damages to the society. In this research, using design science research methodology (DSRM) process model, we have developed a conceptual model of a blockchain-based certificate system where blockchain technology replaces the need of trust on intermediaries in the certificate system and prevent the fraudulent activities to produce fake or illegitimate certificates. Our conceptual model addresses the fraudulent activities which are not addressed by the existing blockchain-based certificate systems. Developed artefact the conceptual model can be used for developing prototype and further research. This research also contributes to the research field of blockchain technology as a trust-free technology and fraud activities in degree certificate system.
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