NFTCert: NFT-Based Certificates With Online Payment Gateway
This addresses the need for more efficient and accessible certificate verification for academic institutions and participants, though it is incremental as it builds on existing blockchain-based systems.
The paper tackles the problem of inefficient paper-based academic certificate verification by proposing NFTCert, an NFT-based framework that links certificates to owners via blockchain and includes an online payment gateway to broaden accessibility, achieving usability, authenticity, confidentiality, transparency, and availability compared to existing systems.
Nowadays, academic certificates are still widely issued in paper format. Traditional certificate verification is a lengthy, manually intensive, and sometimes expensive process. In this paper, we propose a novel NFT-based certificate framework called NFTCert, which enables the establishment of links between a legitimate certificate and its owner through a Blockchain. In this paper, we describe the implementation of the NFTCert framework, including schema definition, minting, verification, and revocation of NFT-based certificates. We also introduce a payment gateway into the minting process, which enables NFTCert to be used by a wider audience. Therefore, participants of NFTCerts do not need to rely on cryptocurrency for transactions. All in all, the proposed framework is designed to achieve usability, authenticity, confidentiality, transparency, and availability properties when it is compared to existing Blockchain-based systems.