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by noddy1 3178 days ago
A blockchain could improve on this because it leaves some trail linking actions of individuals as well as authorities together.

For instance, you can make a timestamped scan of a university degree to prove it existed on some date. However, a blockchain would allow the university itself to sign the fact that it gave the person the degree at that time. It would also show how many degrees of that sort the university are giving out, so that if they start giving them to everyone that would be noticed. It would also show that the given person only got that 1 degree at that time, and it would be hard for them to then make up a bunch of other stuff. None of these are possible with simple timestamping.