Employees data in the Swiss Federal Railways (SBB) will now be managed in a Blockchain-based system known as an identity management system. This will eliminate the paperwork that is usually involved in keeping track of employees information. The SBB said that this in a bid to improve the way the credentials of its workers are managed.
Credential Management System Based on Ethereum Blockchain
The credential management system’s development began in May this year, and it has just been completed. This is a system that was developed by a Linum Labs, a firm based in Switzerland. Working hand-in-hand with ConsenSys, they were able to develop an identity management system that is based on the Ethereum Blockchain.
Before this system was implemented, manual processes were employed in storing data. As is the case of all manual methods, it takes more time, and it is prone to errors. Now, this will no longer be the case since there is an automated system that does the work faster. It is less prone to errors and can also secure its stored data.
New Data Management System Ensures Workers are Qualified
The qualification management system will not only be used to store data, but it will also ensure that those working in the company are qualified. Moreover, this is data that cannot be changed, and as such, another company can use it for verification. This will give the confidence that only qualified people have been employed. In line with that, a client’s safety would’ve been ensured.
As part of the system, workers will be able to check-into the company’s construction site. This is made possible by using a mobile application known as uPort. Here, a worker can create their identity, and also sign in and out of their workplace. The system then confirms the worker’s presence and certifies their training.
Switzerland is Adopting Blockchain Technology
Switzerland is one of the few countries in the world that is promoting Cryptocurrency as well as the Blockchain technology. Recently, it enabled taxes to be paid using Bitcoin despite the volatile nature of the digital asset. The country had also implemented an electronic voting system that is based on Blockchain.
Asides Switzerland, other countries that are also encouraging the use of digital assets are Australia and Malaysia. In Australia, users can opt to pay their bills using fiat money or virtual currency. Malaysia, on the other hand, has employed Blockchain technology in reducing the number of fake degree certificates in circulation. It was also reported earlier that Tobacco shops in France might start selling Bitcoin.