Blockchain’s Role in Managing COVID

Blockchain technology is a new way of passing information from point A to point B. The data passes through a "block" that gets validated by a network of unrelated computers, and democratizes the transfer of data. This creates a transparency for the path of the data and makes that path irreversible. It also allows for computational logic to be attached to data, enabling automation around actions associated with it.

 

Organizations across government have been experimenting with ways blockchain technology could make transactions more efficient, secure, and transparent. With the COVID-19 pandemic the ability to easily, securely, and transparently share data has never been more important. In the many areas of our lives affected by the pandemic, blockchain is proving to be a tool for meeting the quickly evolving demands of public health, financial markets, and even democracy itself.

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