Use Of Blockchain-Based Identity Cards In Background Verification
25 Oct 2023
In today's world, background verification is an essential aspect of hiring and other decision-making processes. It is necessary to ensure that the person being hired or trusted is authentic, trustworthy, and does not have a criminal record. Traditional methods of background verification have several loopholes, which have led to the rise of Blockchain-based identity cards. These cards are a secure, tamper-proof, and reliable way of verifying the identity and background of an individual.
How Can It Help In Background Verification?
Here are six points explaining the use of Blockchain-based identity cards in background verification:
Enhanced Security: Blockchain-based identity cards are highly secure and tamper-proof. They are designed to prevent fraud and identity theft. The information stored on the card is encrypted, and only the owner has the private key to access it. This means that no one else can access or modify the information on the card without the owner's permission. The blockchain technology used in these cards ensures that the information stored is immutable and cannot be altered.
Elimination of Third Parties: Traditional methods of background verification involve third-party verification agencies. These agencies charge a fee and take time to verify the information provided. Blockchain-based identity cards eliminate the need for third-party verification agencies, as the information stored on the card is verified and validated by the blockchain. This saves time and money and makes the verification process more efficient.
Decentralization: Blockchain-based identity cards are decentralized, meaning that the information is not stored on a central server or database. Instead, the information is stored on a distributed ledger, which means that it is spread across multiple computers. This makes it nearly impossible for hackers to access or modify the information stored on the card.
Cost-Effective: Background verification can be an expensive process, especially for companies that need to verify the identity and background of multiple candidates. Blockchain-based identity cards are cost-effective, as they eliminate the need for third-party verification agencies and reduce the time and cost involved in the verification process.
Transparency: The information stored on a Blockchain-based identity card is transparent, meaning that it can be accessed by anyone who has the public key. This makes the verification process more transparent and ensures that the information being verified is accurate and up-to-date.
Efficient Verification: Blockchain-based identity cards make the verification process more efficient. The information stored on the card is verified and validated by the blockchain, which means that the verification process is faster and more accurate. This makes it easier for companies to hire the right candidates and make informed decisions.
The use of Blockchain-based identity cards in background verification has several advantages over traditional methods. VeriDoc ID is one such Blockchain-based identity card that is designed to provide enhanced security, eliminate the need for third-party verification agencies, and make the verification process more efficient.
VeriDoc ID uses advanced blockchain technology to store and verify the information on the card, making it tamper-proof, secure, and reliable. If you are looking for a secure and reliable way to verify the identity and background of an individual, VeriDoc ID is the way to go.