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COVID – 19 or Coronavirus, is one of the largest epidemics encountered by the human race in the 21st century till date, with no cure found.
Within just four months, this life-threatening virus has managed to outstretch in almost every part of the world. According to a study, one-third of the world’s population is under lockdown including business industries.
As the local and global enterprises are shut down to flatten the curve of Corona spread, it’s clear that the global economy is going to face recession! Previously, the world has faced many pandemics, but the impact was not as severe as we are dreading now. This time, every market is facing the heat.
However, Blockchain technology joins the tussle to fight against COVID-19 epidemic.
According to a recent study, the World Health Organization (WHO) identifies that the Blockchain technology could be the world's response to the COVID-19 pandemic.
Let’s understand Blockchain technology first!
Blockchain technology is a modern and secure way of documenting data on the web. A blockchain is an incorruptible structure that accumulates transactional records in the form of blocks. This storage is also known as “immutable digital ledger” used for tracking assets, recording transactions and building trust among users. A digital ledger is highly secured. Each and every transaction in this digital ledger is permitted by the digital impression of the owner.
Blockchain Helps to Fight COVID–19
Experts believe that security and transparency can be used to tackle COVID-19. Industries have started building blockchain solutions to advise citizens, identifying symptoms of infection, tracing medical supplies, and drug supply chains.
The World Health Organization (WHO) has launched MiPasa in partnership with tech giants. MiPasa is a blockchain-based control and communications system that is capable of identifying COVID-19 conveyors and infection hotspots, meticulously.
This system uses the IBM Blockchain Platform and IBM Cloud to deliver accurate information.
With MiPasa, it’s quite easy to gather the right information about the spread of COVID-19. Most probably, public health officials will be going to use MiPasa, to determine the risk of infection to beware healthcare professionals about the upcoming demand for medication. Apart from this, blockchain-based MiPasa can help the government in identifying less infected areas, so that lockdown restrictions are not extended there, unnecessarily, and are lifted on immediate basis.
Undoubtedly, blockchain is a great technique that can help to combat the global Coronavirus pandemic.
Author Bio
Riya Roy is a technical content writer at Agdova Technologies. She carries expertise and a flair for writing on Management Consulting, Software & Analytics and Digital Media. Apart from distilling her technical ideas into creating innovative solutions, she is a practitioner of Electric guitar.
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