Cost association with using BlockCerts


#1

I’m doing some research on blockchain credentialing companies for my university. What is the cost associated with using BlockCerts?

Thank you!


#2

LuAnne,

Blockcerts was released under the MIT license, which makes the code available for use free of charge. The only costs associated are for registering records on a blockchain, and each blockchain has their own fee structure that fluctuates. To mitigate these costs, Blockcerts can issue records in batches of 2000 at at time, through a merkle tree structure, and this is registered as a single transaction. On the BTC chain today, this fee ranges from $.05 to $0.25 depending on how fast it needs to be mined.