Deloitte, DNV GL project secures business certifications on the blockchain

DNV GL, a provider of certification, verification, assessment, and training services for businesses in 100 countries, has partnered with Deloitte Block Chain Lab in the transfer of 90,000 certificates to a private blockchain.

The transfer is intended to help defeat counterfeiting and build digital trust. DNV will be the first company in the certification industry to leverage blockchain technology in this way, according to a press release.

As a business assurance provider, DNV GL works in a variety of industries to certify companies' processes, products, facilities and supply chains to national and international standards.

Now, when a DNV GL certificate is issued, the data is digitalized, sent to the blockchain, and a digital identity is assigned to each certificate. All certificates are uniquely tagged and traceable, with the original stored in a network of computers instead of a central repository.

A QR code on the certificate allows anyone to verify in the blockchain that a company is certified.

"Putting our certificates on the blockchain is the first step in building a new digital assurance concept," said Renato Grottola, global digital transformation director at DNV GL – Business Assurance. "Our objective is to use blockchain and other disruptive technologies to provide new services and continuing to create value for our customers."