Six Sigma PH's first e-Workshop with Blockchain-protected e-certificates in response to the COVID-19 pandemic
𝗗𝗜𝗗 𝗬𝗢𝗨 𝗞𝗡𝗢𝗪?
that since March 2020, Six Sigma PH has used the Bitcoin Blockchain to store an immutable record of credentials, giving issuers the ability to verify credentials on the blockchain to help prevent fraud.
𝙃𝙤𝙬 𝘿𝙤𝙚𝙨 𝙩𝙝𝙚 𝘽𝙡𝙤𝙘𝙠𝙘𝙝𝙖𝙞𝙣 𝙋𝙧𝙚𝙫𝙚𝙣𝙩 𝘾𝙧𝙚𝙙𝙚𝙣𝙩𝙞𝙖𝙡 𝙁𝙧𝙖𝙪𝙙?
Different types of credentials have vastly different barriers to fraud. For paper credentials (certificates, diplomas), the barrier to fraud is understanding how to use Photoshop and printing tools. Secure digital credentials have a higher barrier to fraud, but require that the issuer has provided proper cybersecurity. For instance, Six Sigma PH offers bank-level digital security measures by default – it is as hard to hack Six Sigma PH’s digital credential security as it would be to hack a national bank.
With Blockchain security, the barrier to fraud is simultaneously hacking 51% of all global blockchain records. What that means is that credential records recorded on the blockchain are effectively impossible to change. Blockchain-recorded credentials cannot be altered, faked, or spoofed. If someone does attempt to forge a credential, it won’t verify against the Blockchain record. With Blockchain security in place, third parties can be absolutely certain that a record hasn’t been altered since being issued. This dramatically improves fraud protection for any organization.
𝙃𝙤𝙬 𝘿𝙤𝙚𝙨 𝙞𝙩 𝙒𝙤𝙧𝙠?
When you create a Blockchain-enabled credential, Six Sigma PH uses the information provided to create a series of numbers that represent that information. Six Sigma PH sends this information to the Blockchain and stores it there. Whenever someone goes to verify a credential, Six Sigma PH checks the stored series of numbers against what the credential information generates today and makes sure they’re the same.
𝙄𝙨 𝙋𝙧𝙞𝙫𝙖𝙩𝙚 𝙄𝙣𝙛𝙤𝙧𝙢𝙖𝙩𝙞𝙤𝙣 𝘼𝙫𝙖𝙞𝙡𝙖𝙗𝙡𝙚 𝙤𝙣 𝙩𝙝𝙚 𝘽𝙡𝙤𝙘𝙠𝙘𝙝𝙖𝙞𝙣?
No private or personal information is stored on the Blockchain. The only thing stored on the Blockchain is a series of numbers mathematically derived from the credential information. Six Sigma PH can use this series of numbers to verify that the content displayed matches the original record.