Blockademia Document Authentication System: How Does It Work?
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âLet’s shape the world with the truth! is the motto of Blockademia, a Croatian crypto startup that aims to end the issue of forged documents. BlocadÃ©mie introduces a decentralized information system based on the Cardano blockchain and will allow the issuance and verification of the authenticity of documents and certificates issued by educational institutions, municipal, regional and state offices, insurance companies, pharmaceutical companies and any other document sender requiring protection against forgery.
The originality and authenticity of the documents issued will be verified via BlocadÃ©mie dApp, a basic web application that will differentiate two entities: the document editor and the document checker. Blockademia has a dual-layer structure where document issuance processes and all user processes are performed in one isolated part of the application and blockchain interaction in another part, thus optimizing system costs.
Issuance of a document (blockchain entry)
âThe issuer uses the web GUI to enter the data needed to create the document, and the system uses that data to generate a unique hash that is written to the blockchain as transaction metadata. The system only considers data uploaded through the Blockademia interface, thus protecting itself from duplicate entries in the blockchain. Data entry can be done by single document or by multiple documents to be issued, and the issuer must have ACI tokens to enter the data and issue the document to the blockchain â, explains Marin KramariÄ, CEO of Blockademia.
The issuer then has access to the administrator interface where he has an overview of his prepaid Cardano address, which contains the necessary quantity of ACI tokens for the issuance. The data entry interface allows the entry of single or multiple document data. When the issuer enters the data and confirms it, the dApp charges the fee in ACI tokens and writes access to the blockchain. Once the blockchain entry is added, the issuer receives a QR code for each individual document which can be used later for a simple verification of the issued document.
Verification of authenticity
The verification of the authenticity of a document is done via the Web interface or Android / iOS Blockademia dApp. The verifier enters the data necessary for verification via the interface or scans the generated QR code. The basic version of the dApp allows one-to-one document verification for free, while business and corporate auditors will be able to choose from advanced options in the enterprise version of the app.
” The verification process returns that the document has been issued by the issuer (hash OK) or returns a message indicating that the document was not found on the blockchain. If the document is not found, it may mean that the sender did not issue the document through the system or that the document is not genuine. If the document exists on the blockchain, but the relevant data does not match, the system returns that the hash is different and the document is not valid, âMarin explained.
Blockademia aims to raise 21 million euros
Blockademia, which has a referral program, is currently on community sale, which lasts until December 6. The Croatian startup plans to raise up to â¬ 21 million and the funds raised will be used for the further development and global expansion of the Blockademia system around the world.
âThe Blockademia system is completely transparent and prevents tampering, which is why we firmly believe that Blockademia can put an end to the problems of document forgery. I invite potential investors to join us in creating a new level of authenticity, âconcluded the CEO of Blockademia.
To raise funds for further development, Blockademia plans to issue 85 million ACI tokens, on 250 million. The initial distribution of ACI tokens takes place through its own web system as a free distribution through the sponsorship system and the token sale.
Blockademia plans to use the funds raised to further strengthen the team to have a franchise network and customers around the world in 18 months. In the first two quarters of next year, the goal is to complete the Blockademia dAapp and test it with the first users. In the third quarter of 2022, it is expected to finish the web and mobile app for verification, and finally, in the fourth quarter of 2022, and they plan to be on the mainnet.
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