Role of Blockchain technology in covid-19 crisis


As we all know about the COVID-19 coronavirus and it has impacted almost all the countries and individuals in numerous ways, from closures of schools, banks, to the loss of countless lives. As governments trying to solve these problems, blockchain technology also comes into the picture and it can help to fight against this coronavirus in many ways.

With blockchain, we can establish an efficient and transparent healthcare model as blockchain is an accurate and very secure system. Blockchain cannot prevent the arrival of new viruses itself, but it can protect the network of connected devices whose primary goal is set to remain alert about disease outbreaks. Therefore, blockchain can be used to help prevent such pandemics by enabling early detection of epidemics, tracking of drug trials in a fast way.

Also Read: 4 Ways How the Covid-19 Will Change Organizations

before we discuss the possible ways of using Blockchain to help in fighting viruses, we will understand some challenges defining this deadly coronavirus.

Challenges of COVID-19

One main issue to consider is how prepared the world’s health systems are to face this virus.

Checking and tracking of a huge population for the infectious patients to control epidemics.

Immediate requirement of vaccines and therapeutics.

Spreading misinformation through social media platforms.

How to Build a Career in Blockchain Technology

Blockchain Applications in fighting against COVID-19 coronavirus

Tracking Infectious Disease Outbreaks

public health data can be tracked by blockchain, specifically for infectious disease explosion such as COVID-19. Blockchain comes with higher accuracy and transparency, so it will result in more accurate and efficient reporting and responses. Blockchain can help for the rapid processing of data, so it is possible to early detect the symptoms before they spread rapidly and reach the level of epidemics.

Donations Tracking

when it comes to donation, trust is one of the major issues and blockchain has a solution for this issue. So many people donate the money for the public care and the money is not get used where it is needed.

With the help of blockchain, the donor can check where the money is required and also can track the donation until it gets reached to the needy person. Blockchain enables transparency for donors to know how their donations are getting used.

Crisis Management

Blockchain also helps manage a crisis situation. It could be helpful to instantly alert the public about the Coronavirus by worldwide health institutes like the World Health Organization by using concept such as smart contracts.

Blockchain offers a secure platform where all the government authority, medical professionals, media, health organizations, media, and other mediums can update each other about the situation and prevent it from worsening more.

Securing Medical Supply Chains

Blockchain has already been beneficial in tracking and tracing medical supply chains.
Until now it has dominate the supply chain management tool in various industries.

reviewing, recording, and tracking of supplies, and logistics of coronavirus prevention materials are some key use cases of blockchain.

WHO and Blockchain Technology

COVID-19 pandemic data has been shared with various tech companies by World Health Organization(WHO) to detect the virus and identify carriers and hotspots.

Politics and Elections

currently in a lockdown situation, elections and voting systems are also disturbed by the coronavirus pandemic. The traditional political process includes politicians, voters, kits and all those involved in voting which is risky. Blockchain can help in secure voting by providing blockchain mobile app to voters for voting and as blockchain is secure and transparent there are no chances of human fraud.

Blockchain technology has great potential to fight against coronavirus in many scenarios mostly in medical supply chain and infected patient tracking. Many countries have already started using blockchain technology to help in COVID 19 crisis and they are getting big help and advantage of it.

Blockchain technology is making its impact almost everywhere so the demand in career also increasing. There are many career opportunities available with high salaries. NearLearn offers Blockchain training in Bangalore at an affordable cost. We also offer online and corporate training for blockchain as well as Machine Learning, Python, React Js, React Native, and many more. We offer real-time case studies and live projects to students for hands-on experience. If you are interested in any of our training please contact us +91-8041700110, or visit: www.nearlearn.com

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