COVID-19 coronavirus has affected humans, the economy, and
communities in multiple ways. Now the lockdown is gradually becoming a new norm
during the pandemic. Social distancing is practiced worldwide to curb the
pandemic spread, and governments are putting their best foot forward to address
these problems. However, amid this virus, the lack of reliable data is also
another challenge that is faced by the world.
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Having a reliable and robust system to transmit information,
is the need of the hour, and here nothing fits the demand but Blockchain
technology. In such demanding times, Blockchain has proven its worth and has
become a powerful ally. Today, multiple service platforms are utilizing this
technology to offer assistance in the best way possible.
Just keep scrolling this post further to understand how
blockchain is offering great assistance in this uncertain crisis hours.
Coronavirus and Blockchain technology
It is much visible to all of us that COVID-19 outbreak was
uncertain, and has changed the way the world around us operates. Now people on
the global forefront are facing the brunt of lockdown, and are forced to stay
indoors, to stop the spread of the virus. And this changed lifestyle has
brought many challenges to us, like supply management, getting the right information,
product verification to name a few.
However, to survive these obstacles, Blockchain is
supporting efforts around the globe to battle the virus. With the help of this
technology, it has become easier to ship medicines from pharmaceuticals to
affected areas and carry out other functionalities, that can improve our
day-to-day life.
Let’s get on a quick tour to understand how technology is
playing its role in helping to win the obstacle of COVID-19.
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Blockchain is monitoring donations and
resources
Everyone around the globe is trying their level best to
fight against the crisis, and in this run, companies, and individuals are
making generous donations to face the challenge. However, it is very obvious to
lose the track of these donations amid crisis. However, with the help of
Blockchain technology, you can keep track of the origin of donations and
guarantee every step until they reach their recipients.
Distribute the essentials efficiently
Distributing resources appropriately is another challenge,
that bugs down companies and individuals amid pandemic. It becomes a tedious
job to know what equipment or medicines or essentials is available at where,
and where it demands most. However, with the help of blockchain, it becomes
easier to manage, allocate, and distribute the essentials evenly, so there
would not be a problem faced anywhere.
Blockchain to control the flow of
information
The right information amid pandemic is nothing less than a
blessing, but amid such a crisis there are chances of receiving the fake news
and information, that can trigger panic. But here Blockchain technology comes
as a savior and ensures to receive and share quality information. It works with
data acquired from different countries and official bodies, and then further
share it. And this piece of information will share the number of infected,
deceased, and recovered patients across the world. It also allows to early
detection of coronavirus patients and the critical contagion
points.
Manage prescriptions and identities
with blockchain
Many blockchain applications are helping amid COVID-19. And
some of the apps are helping to manage the supply of medicine. With this new
technology, it has become easier for the healthcare industry to protect the
identity of patients, and maintain their security. This technology will reduce
the burden on the healthcare system and handle the different demands from the
users to fight against coronavirus.
Product verification with
Blockchain
It has been observed that fake products and medical
equipment are on the rise amid pandemic. So it is highly significant for the
healthcare agencies to keep track of their whereabouts to ensure they are
genuine. With the help of Blockchain, it becomes easier, as it allows users to
get an open, distributed record of transactions. And this record can be seen by
anyone, but no one can modify or delete the record.
The supply chain becomes a digital
chain
With the help of blockchain technology,
it becomes easier to get transactions that are transparent and traceable. This
helps in turning a supply chain into a digital “chain” of permanently visible
“blocks”. By practicing this, it becomes easier to maintain trust among
different parties. Also, it turns out to be an easy journey to trace and
confirm the source of public announcements, helping to eliminate fake
information.
Controls the price inflation of health
equipment
Blockchain helps in controlling the price inflation, as it
keeps a track on sending the right equipment to the right people and further
helps in distributing the costs fairly and transparently.
Access data as per your ease
To handle certain specific health conditions patients, the
doctors must access the health record, which can be a very time-consuming
exercise. Also, there are chances of mismanagement of those records, and, in
worst-case scenarios, it can even lead to misdiagnoses. However, with the help
of digitalization of records through blockchain, healthcare practitioners can
reduce those inefficiencies, and offer a reliable treatment in the time of
crisis, without asking patients to move out and visit them.
Blockchain preventing the spread of
pandemic
Blockchain is a technology that is not preventing the
emergence of the new virus but is controlling the spread of the virus. It helps
in creating the first line of rapid defense via a network of connected devices.
These devices ensure to provide alerts about the disease outbreak and further
helps in halting the spread, by letting early detection of epidemics,
fast-tracking drug trials, and encourage the seamless management of outbreaks
and treatment. It becomes easier for healthcare practitioners to manage
healthcare methods to stop global contagion.
Wrap Up
In the current frantic and changing world where everything
is going through uncertainty, blockchain is offering a point of reliability.
And this very technology is offering a source to battle the evil effects of
COVID-19. It goes without saying but Blockchain developers are putting their
best foot forward to bring the unique advantages of this technology. And will
help the global economy to provide widespread aid amid the crisis.
Author - Ankit
Singh is an ambitious entrepreneur who has set a remarkable difference in the app development turf, with his innovative ideology
and creative spark. Apart from having a knack of technical advancements, he
also has a taste writing and loves to share technical tips happening in the
tech industry. You can add on Facebook, Follow on Twitter and LinkedIn.
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