As we move towards new blockchain innovations, nothing can brush aside the impact of this breakthrough technology. A team of tech-savvy devs is leading an information blockchain-powered project with huge potential for education’s future: Blockademia.
Blockademia is a decentralized information network that provides solutions for the issuance of certificate forgeries. The driving force behind Blockademia’s establishment is the major concern related to fake certificates or official documents.
Especially in the era of high tech printing, it is incredibly easy to create fake documents. High-tech crime can make use of these advancements, and most people just blindly trust documents.
The concept of blockchain has laid the groundwork for the technological revolution and gradually changed the way things work behind the scenes.
While it is easy to use blockchain in the supply chain, information technology, finance, or healthcare, there aren’t many documentation-focused projects spotting the advantages of blockchain.
What Is Blockademia?
Blockademia is on a mission to address the problem of fake documents.
The goal of Blockademia is to create a reliable protocol for issuing and falsifying various qualified documents such as certificates, diplomas, agreements, property ownership certificates, insurance policies, source code, video and music files, and other documents on the Cardano blockchain.
With that vision and mission, Blockademia’s targets aren’t limited because document verification is important for all types of sectors.
In its initial stages, the project will focus on universities, high schools, government institutions, institutions for adult learning. Businesses and enterprises can also benefit from the benefits of Blockademia.
The Blockademia system model is structured as two parallel layers, one application for blockchain interaction while the other will execute the issuance of documents.
Issuance of Documents
To get started, the issuer enters the necessary data through a web-based GUI. The system will then generate a unique hash using this data. The information is also stored on the blockchain as transaction metadata.
It is noteworthy that the system doesn’t process data that is uploaded through different interfaces. That means only the Blockademia interface is accepted. In this approach, the system safeguards itself against the creation of duplicate entries in the blockchain.
If an issuer wants to enter new data into the system or issue a document to the blockchain, they must have ACI tokens.
After completing data entry and confirmation, the dApp charges the cost in ACI tokens and creates an entry on the blockchain.
Following the addition of the blockchain entry, the issuer receives a QR code for each document, which may be used later to do a simple verification of the document that was issued.
To verify the authenticity of a certificate, verifiers need to access the Blockademia platform or mobile application, pass data verification on the platform using required data or on the app using QR code.
QR code is popular for the ability to encode thousands of characters, a QR code can contain a lot of different information.
The method of using QR codes has long become familiar to consumers when making online payment transactions on platforms.
The use range of QR codes is very wide and is not limited by time and geography, with only a smartphone with a camera connected to the Internet, users can scan any QR code.
Of other options currently available on the market, Cardano is Blockademia’s first choice. Cardano.
Cardano protocol is composed of two layers: The Cardano Settlement Layer (CSL) and The Cardano Control Layer (CCL).
One layer focuses on transactions and accounts, while the other layer focuses on smart contracts. This makes Cardano easier to upgrade and more flexible.
The authenticity of the document will be verified with QR codes applying Cardano blockchain technology to ensure accuracy, transparency, and immutability.
Blockademia Token (ACI)
The Blockademia system is empowered by its native token, dubbed ACI. ACI token plays both utility and governance role on the Blockademia decentralized network.
As a utility token, ACI grants holders access to the network’s advantages. Holders use it to pay transaction fees when participating in the Blockademia system.
With governance functions, ACI tokens provide token holders the power to influence decisions regarding core protocol, product or feature roadmaps, and administrative change.
Apart from that, the tokens can be used as rewards for those who have certain contributions to the project community such as onboarding new members.
When token holders are allowed to vote, impacting every change of the project, the project will become easier to approach, making the holder feel like a part of the project, which can help create a more cohesive community.
Token holders have the right to propose their opinions on the functions and changes of the project.
This can take advantage of the knowledge of the majority, and they may come help the project develop faster.
Total supply: 250.000.000
Note: An ACI token is divisible down to 6 decimal places, which means you can perform actions using 0.000001 ACI (called a chip).
Initial token distribution is initiated under the following guidelines to ensure equitable initial distribution and optimal initial decentralization:
ACI tokens will be given to as many Blockademia users as possible
To avoid potential market manipulation, no single ACI token owner will be given a high proportion of ACI tokens in comparison to the total supply.
Token prices will not change during the initial offering
The initial distribution is open for participants from different industries including future system users, early adopters, and investors.
Private sale: 6%
Early sale T1: 4%
Early sale T2: 8%
Community sale: 16%
Team and advisors: 15%
The Blockademia system is composed of 4 functionality models:
Blockademia Basic: This model is well suited to individual users and is only accessible through the web interface. Users can only issue 25 documents per year.
Blockademia Medium: This model allows up to 3 users and is only accessible through the web interface. Users can only create 100 documents per year.
Blockademia Pro: This model allows multiple users and is accessible through the web interface as well as the mobile application. Users can only issue as many documents as they want per year.
Blockademia Enterprise: Having all the advantages of other models, this model is perfect for medium to large-scale business as there is no limitation of users. Additional features are rest API and administrator user interface.
Meet The Team
Blockademia’s team members are tech gurus and data experts with extensive experience in the digital sector and finance.
Blockademia’s President Goran Tezak is currently the Managing Director at Datalab HR d.o.o, one of the biggest producers of business software headquartered in Southeast Europe.
Tezak’s remarkable leadership is evident in his almost 25 years at management positions including 9 years as Regional Sales Manager at Oracle, 10 years as Co-Founder of Smart Contract Ltd., as well as the Owner of GRAVIS GT d.o.o.
Like Tezak, Marin Kramaric is another co-founder of Smart Contract Ltd. Kramaric is also the Owner of Quality and Safety Centre Ltd. that inspects play safety & educational activities in Croatia.
Blockademia Will Make Documents more Secure
Credentials are difficult to obtain, and they should be protected.
Blockademia is making it easier to protect credentials, and ensure that trust and safety come first.
The post Blockademia: Bringing Document Authentication To Blockchain appeared first on Blockonomi.