People do business with companies they trust. DNV has been in the business of building trust for more than 150 years. Using blockchain technology, we are the first in the certification industry taking a step further to provide digital assurance. This allows our customers to be more transparent in their efforts to show traceable compliance and adherence to rules and standards.
About the blockchain solution
Blockchain technology has revolutionized how data is stored and shared. Using cryptography to keep information secure, a blockchain provides a decentralized database or “digital ledger” of information. Based on a network of computers that must all approve an update before it can be verified and recorded, it reduces the dependency on and vulnerability of centralized data storage.
DNV stores certificates in the public VeChain blockchain. The right to create new certificates and update information. At the same time, we utilize the benefits of the technology such as authentication, decentralization and encryption. Although updates can only be performed by us, anyone can access the blockchain to check the validity of certificates.
How it works
When a certificate is issued, the data is digitized and a digital identity is assigned to each certificate. All certificates are tagged and traceable. The original is safely stored in the network of computers in the blockchain, commonly referred to as nodes.
The certificate data is in parallel managed in our production system. In total, this creates an immutable transaction, secure and highly transparent, which makes it easy to uncover fraud as the technology will expose any outdated or forged certificates.
Checking a certificate’s validity
All certificates have an embedded QR code that can be scanned with mobile devices. A lookup will be performed on the blockchain and certificate details presented. Anyone can at any time check and verify a company's claims and certification scope and validity. This can be checked through a lookup on our public certificate checker, as well.