# ACTIK Certificate

Actik certificate is our first use case of tokenizing RWAs.

Traditional certification is becoming outdated in the digital era. To truly embrace the digital economy, paper-based certificates must evolve to overcome the challenges faced by key stakeholders in the certification ecosystem.

## 🚨Challenges of traditional Certification

### Owner/Holder

* Risk of Loss or Damage: Paper certificates can be lost, torn, or destroyed by fire, water, or aging.
* Verification Challenges: Paper certificate or digitize certificate in format like PDF and so on, is hard to verify and requires a lot of manual process.
* Costliness and time consuming: Verification or reissue certificate is costly and also has a complicated process which requires a lot of time to do it.
* Difficult for Portability & Share: Carrying physical copies or scanning them for digital use is inconvenient and inefficient.
* Limited Access to the Digital World: Traditional certificates exist only in physical or basic digital formats (e.g., PDFs) which are hard to access to the digital world.

### Issuer/Provider

* Time-Consuming Manual Issuance: Printing, signing, and distributing certificates require significant resources.
* Verification Burden: Frequent verification requests from individuals, employers and organizations create unnecessary workload.
* Reputation Risk: Paper certificates are easy to forge, allowing individuals to misuse an organization’s name to create fake credentials. This not only compromises trust but also indirectly damages the organization's reputation.

### Verifier/Relying Party

* Slow & Inefficient Verification: Employers must contact issuers to verify credentials, a process that can take days or weeks.
* High Risk of Fake Credentials: The rise of digital fraud makes it harder to detect counterfeit certificates.
* Costly & Labor-Intensive Process: Verification often requires additional steps like notarization or third-party services.
* Restricted Access to Digital Solutions:  Without real-time verification, companies cannot automate hiring processes or integrate with digital credentialing systems.

## 🔥The Game Changers ACTIK Certificate

On the other hand, ACTIK provides digitalization that goes further by transforming how certificates are created, stored, and verified using modern technologies like encryption, blockchain, or smart contracts. Unlike simple digitized copies, Tokenize or digitalize certificates through blockchain technology creates a secure, efficient, and accessible ecosystem that directly addresses the challenges faced by owners, issuers, and verifiers alike.

## ✨Benefits Tokenized Certificate

### Owner/Holder

* Eliminates Risk of Loss: Your certificate is permanently recorded on the blockchain, ensuring you never lose it or have to worry about damage.
* Reduces Costs and time consuming: With a digital token, there’s no need for expensive physical storage or repeated administrative processes to retrieve or replace lost documents.
* Enhances Digital Accessibility: Access your credentials anytime and anywhere via your digital wallet, making your achievements readily  and credible available in the digital realm.

### Issuer/Provider

* Modernizes Asset Management: Transitioning from outdated paper formats to tokenized certificates streamlines the issuance process and reduces administrative burdens.
* Boosts Efficiency and Security: Issued certificates become tamper-proof and automatically verifiable, reducing the need for manual checks and the risk of fraud.
* Enhances Brand or Reputation Credibility: By adopting innovative, secure methods for issuing credentials, organizations can build greater trust and demonstrate a commitment to digital transformation.

### Verifier/Relying Party

* Ensures Instant Verification: Blockchain technology enables quick and reliable verification of a certificate’s authenticity, saving time compared to traditional manual processes.
* Reduces Fraud Risk: The tamper-proof nature of tokenized certificates makes it nearly impossible to alter or forge documents, ensuring the integrity of the information.
* Simplified Due Diligence: With digital records available anytime, verifiers can efficiently validate credentials, speeding up processes like recruitment or academic admissions.
