All of us use certificates to showcase our achievements and capabilities. Certificates tell the world about our academic credentials, professional memberships and technical skills. They open doors of opportunities for us. But the way certificates are stored and managed today is archaic. Most of the certificates are either paper-based or stored in central databases of certifying authorities.
This makes them easy to be faked and difficult to share with others in the digital world. They are a relic of the analog world. With ChainID we envisage a blockchain based platform which solves the current problems with certificate management and sharing. ChainID is a way to store credentials and certificates in a fraud-free and intuitive way using blockchain technology.
Although blockchain can be used to keep official documents, this possibility is currently under-explored. We at Chain ID create a blockchain based platform to issue, keep and present any type of official document for verification.
The common feature of such documents is that they contain very small amounts of text, but every word on such document has a great value. Another feature of these documents is that certain individuals have huge incentives to fake them. Combination of these factors (small text size, great value, and the need to protect from falsification) make such documents an ideal object to store in blockchain.
The system will create your personal space into Ethereum blockchain, we call it a User Card. Your User Card has an address which will be used to find and access your User Card.
Choose the organization issued the certificate you wish to add Enter your certificate details.The organization will check your request against their database and update your User Card with their certificate
At a website where you need to get verified, simply type your User Card address The system will find your User Card and check whether you have the right certificate in there
Since ChainID is based on blockchain technology, certificates once stored can’t be changed
ChainID is a digital native platform. Users don’t need to carry their certificates from one place to another
The user has complete control over their certificates and they don’t need to pay any fees
Blockchain is a completely decentralised entity which is not controlled by any one organization or entity
Most of the certificates are either paper-based or stored in central databases of certifying authorities. This makes them easy to be faked and difficult to share with others in the digital world.
Legal and Business Consultant
Lex Lucas Consulting
Luka Pregelj is a Legal and Business Consultant at Lex Lucas Consulting, a lean consulting firm, providing advice and support in matters of corporate law, tax law, regulation of emerging technologies, and global e-commerce.Before starting a consulting practice, Luka was employed with an international law firm, where he advised corporate clients on corporate legal issues and cross-border M&A transactions, and where he successfully launched the Start-up Initiative for Slovenian branch of the company, providing advice to start-up companies. He was also actively engaged in drafting and preparation of the bill on alternative financial instruments and services, regulating various aspects of crowdfunding, crowd investing, peer to peer landing, and cryptocurrencies, which is currently under consideration by a legislature.Luka is an active member of Blokchain Task Force at AmCham and involved in various projects in the field of blockchain and emerging technologies. As the Consultant of Lex Lucas Consulting, he coordinated and managed most of the legal aspects of the Notary Platform project, and has consulted other blockchain ventures, including Quantum, PayBear, IMusify, Pinkcoin and others. Some of them are still ongoing projects.