Introducing the 0xcert protocol for certification of digital assets on blockchain
Features of blockchain make it ideal for certification of digital assets. It’s a tamper-proof, transparent and secure decentralized ledger that maintains a list of records that can’t be altered retroactively. A new certification ecosystem can be developed on the blockchain, which provides a more efficient, a more secure and a simpler system for issuing, managing, transferring, validating of any kind of distinguishable digital assets, including university diplomas, identities, ownership rights and others. We are excited to announce our project 0xcert, a foundation protocol for certification of unique digital assets on the blockchain.
0xcert is the foundation for the ecosystem of tamper-proof certificates on the blockchain
Our purpose is to help build an ecosystem for issuing, managing and validating different digital assets on blockchain, which would grow with community incentives. We provide the underlying technology - 0xcert protocol - as an open-source protocol, resources and support for the community to build their applications on top of it. With 0xcert, they can immediately start using a solid and flexible certification infrastructure, that ensures interoperability between applications without dealing with the low level blockchain complexity.
0xcert protocol allows for validating a proof of existence, authenticity and ownership of any digital asset. It provides a framework with a set of rules for managing xcerts - basic certification units - as well as an advanced integration layer for different applications on top of the protocol.
Individuals or groups, who want to put certificates on the blockchain, can use the 0xcert protocol completely free of charge, with the ability to manually mint, burn, verify and transfer xcerts. They can also build their business models on it, just by integrating the 0xcert protocol into their existing applications that can further use XCT tokens to cover the fees for their services. These applications will form a network of public and private digital assets certification services and will offer higher-level features, that simplify and automate the certification process, provide public and private listing, rewarding mechanisms, integration gateways and more.
As a first use-case of certificates on 0xcert protocol and an example of these added-value services, we will build a certificate management application for academic institutions and education providers. Blockchain technology has been proven on financial capital, now let’s use it on social and professional capital - achievements, qualifications, accreditations, credentials and certifications.