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Carefully crafted articles to provide you insights on Document Fraud and empowering trust with Blockchain Technology
10 Ways Blockchain-based Document-issuing Platform is Changing the Game in Education
Various governments, solution providers, and educational institutions are adopting blockchain-based document-issuing platforms to leverage a secure, instant, and verifiable transfer of digital data between various stakeholders. Digitalization has gained traction in...
101: The Ultimate Guide to Smart Contracts
A smart contract is a transaction protocol that handles the direct and automatic transfer of digital assets between parties under specific conditions. The contract performs the same functions as a normal contract while also automatically enforcing it. A smart contract...
Limiting Building Plan Approval Fraud with Blockchain
In a recent event, the municipality of Sambalpur, located in the state of Odisha, bore witness to a scandal of counterfeit endorsements for building plans. This deceitful endeavor has already resulted in the apprehension of seven individuals, comprising two members of...
How Blockchain is Bringing Coffee to Your Table
We all love the nutty, chocolatey aroma of coffee. And nothing starts the day better than a cup of coffee made from finely roasted coffee beans. There is a lot of behind the scene process of how these beans end up in your cup and blockchain is the newest addition to...
10 Sectors Blockchain is Revolutionizing Rapidly
India is one of the world’s largest democracies and has recently overtaken China as the world’s most populous country. Recently, the International Monetary Fund (IMF) reported that the Indian economy is expected to grow by 5.9% in the current fiscal year, making it...
Why India Needs ONDC- The UPI of E-commerce Sector
Right when the world was marveling at how revolutionary UPI is, the government of India introduced another platform that is poised to change the way you shop online. The Open Network for Digital Commerce, or ONDC, is a blockchain-based platform that allows sellers,...
Traditional Document Verification vs Blockchain-based Document Verification
Traditional document verification mostly involves an insecure and time-consuming exchange of physical documents due to the presence of many intermediaries. It is vulnerable to fraud and data loss. On the other hand, blockchain-based document verification is highly...
Top 5 Non-financial Uses of Blockchain Technology
The use of blockchain technology in several financial applications, including cryptocurrencies and payment systems, is well-known. But can the technology be only used in the banking and financial services industry? The simple answer is no. In fact, the primary goal of...
5 Ways Blockchain is Revolutionizing Banking & Financial Services Industry
KYC, account opening, and loan processing in the digital era are still very traditional in many ways as many companies rely on paperwork. This process is time-consuming and inefficient if you want to move into the next era of banking and finance. However, one...
Top 10 Documents That Are Often Forged
Fraudsters fake documents to gain access to sensitive information, commit financial fraud, or steal one’s identity. They achieve this by leveraging existing loopholes in a document security system. Various documents are forged every day in various countries. Let’s...
6 Paramedics in South Africa Forge Qualifications
Recently six paramedics were arrested in Eastern Cape, South Africa, for alleged academic fraud. The authorities described the arrests as an effort to promote clean and good governance. This shocking revelation of deceit and betrayal of trust was uncovered at the Joe...
How Document Forgery Impacts Economy
Counterfeiting has been around since ancient times, but these days it's a whole different ballgame. The scope of the problem is bigger than ever, the consequences are more serious, and the crooks have some seriously high-tech tools at their disposal. Counterfeit money...
Top 7 Applications of Blockchain in Real World
The origin of blockchain technology can be traced back to the 1980s when David Chaum, an American computer scientist, and cryptographer, developed the first blockchain-like protocol. Stuart Haber and Scott Stornetta further developed the protocol in the 1990s....
From Reel Farzi to Real Farzi: How Fake Currency Has Hijacked India’s Entire Economy
The Shahid Kapoor-starer Farzi has impressed the audience worldwide as it ranked the most viewed series on Prime Video. The show focuses on Sunny, an artist whose expertise lies in flawlessly imitating existing art. How a man disillusioned by the income inequality in...
From 1992 Stock Market Scam to Fake Canadian Visa Documents How Common and Prevalent Is Document Forgery in India
In an age of digital technology, it's incredibly easy to create fake documents. Document forgery is a rampant issue in India. Some of the most common types of forgery are the creation of false passports and visas, ID cards, degree certificates, and property documents....
Why Boost Your Document Management Using Blockchain?
A document, also known as Kaagaz or Dastavez in Hindi, can be any information printed on paper. Interestingly, there was a move called "Kaagaz" in 2021 which not many of us saw. It is based on the life of a real-life farmer named Lal Bihari who was declared dead on...
Why are Counterfeit Certificates a Graver Issue than You Think?
Why are Counterfeit Certificates a Graver Issue than You Think? Whether it's a diploma mill, counterfeit products, or fake certificates that certify bogus businesses, the issue of certificate fraud is a grave one. These scams can cause a great deal of damage to...
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