Durian Now Can Be Blockchain
For this past few years, no authority can issue a land deed or certificate of ownership to every single durian tree. Trive Academy has issued a certificate for durian tree by using blockchain technology. This certificate is time-stamped in the blockchain and accessible for public.
Blockchain is an online ledger that provides decentralized and transparent data sharing. With blockchain implementation, the data is immutable where third party cannot make any changes to the system. Blockchain provides security with no central point to be exploited by the system and the data is protected against hackers and frauds.
Blockchain helps the farmers to gain trust from their investors since the certificate is viewable on the public chain and can be transparent with the ownership. By having a certificate for durian tree, investors won’t be skeptical due to the implementation of blockchain which offers data transparency.
The purpose for this Certificate of Ownership is to identify the real owner and as evidence of the ownership. This certificate will benefit the farm owner and the investors due to the accessibility of the certificate by every party in the public blockchain. The data in the blockchain is immutable, it cannot be changed by anyone thus provides security and trust in the blockchain. Now, every durian tree will have their certificate and the certificate is available on the Trivechain and viewable on TRVC App.
Blockchain certificate can be implemented into other sectors such as university certificate to ensure that the students’ information like day, course and year of graduation can be traced in the system. Besides, it can also be implemented on a certificate of competition and compliance which gives evidence of your professional achievement and people can access it with public chain.
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