The European country of Netherlands is in our crypto news today for launching its “Tech Against Corona” initiative. The Dutch government will let participating firms to provide it with access to innovative technologies which can be used in the fight against COVID-19.
There are ten companies that are freely providing their services and technologies to the governments. One of them is the domestic distributed ledger technology (DLT) firm Tymlez, which has offered its blockchain platform as the underlying technology that will “model the medical goods ecosystem through a platform that matches supply and demand.”
The blockchain news today also show that the firm’s blockchain will be used to ensure transparency across the supply chain. The Dutch government will embrace this technology to prevent value extraction such as price gouging amid the current coronavirus pandemic.
Among the other local companies that are contributing to the initiative are the cybersecurity firm Cyberspring, that is providing security services to several hospitals. We also have the information security firm Taxion that will freely administer online systems in order to organize volunteer workers – as well as the IT firm Compumatica which will help the Dutch government by enhancing the Internet connections of home workers that are operating in critical industries. The telecommunications company KPN will also partner with the global IT conglomerate Microsoft – in order to provide computing systems as part of this initiative.
We can also see that Bitcoin (BTC) is used in the fight against COVID-19 in the Netherlands, where the Dutch Red Cross is accepting Bitcoin donations through its website.
Inspired by the Italian Red Cross which also embraced crypto this month (and raised around $20,000 in BTC for the purchase of medical supplies), the Dutch government is now preparing to do the same and help the country fight the coronavirus and the deadly COVID-19 disease that patients are suffering from.
Meanwhile, the crypto markets today are positive and we can see that even though BTC is below $6,300, it is making efforts towards establishing new highs. Altcoins are following this rise with single-percentage gains today and all of the top 10 coins are in the green this morning.
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