Over the past month, we have seen a series of ongoing efforts across universities, medical academia, the private sector and private citizens on harnessing distributed ledger systems in the fight against the novel coronavirus. In fact, experts note that blockchain tech could lead to advanced sourcing of medical equipment – which could in turn lead to COVID-19 immunity in the long run.
As of yet, there is no known cure for COVID-19 and there will be no vaccine against the virus for at least a year. This leaves medical practitioners, researchers and innovators to try and find numerous ways of mitigating the virus and its impact. As the blockchain news now show, boosters and innovators are now finding new fronts to pitch in.
As we can see, contact tracing is one of the best avenues for this development now. Blockchain tech could be used to trace positive COVID-19 cases, possibly getting ahead of future outbreaks. This breakthrough was found by Hasshi Sudler, an adjunct professor with Villanova University’s Department of Electrical and Computer Engineering. As he told the media covering the latest crypto news:
“Medical institutions, whether they know each other or not, whether they trust each other or not, can exchange information about who they know that is infected and maintain contact with who is infected.”
The need is now clear – a number of countries instituted lockdowns in order to prevent the virus’ spread. This led to massive unemployment numbers and a likely recession. The Villanova project is here to combat this with blockchain tech.
Even though it is still in the early stages and there are plenty of initiatives racing ahead around the world, this project shows that blockchain tech could be used for COVID-19 immunity.
As we mentioned, there are many initiatives which are developed in order to reduce the effects of COVID-19, including:
- A decentralized identity system prototype which will help patients get their social distance – created by the German startup Spherity.
- Ethereum miners contributing to Stanford University’s [email protected] distributed computing project which pools GPU power to search for a coronavirus cure.
- A combined blockchain and AI system for self-testing, developed by Academia in an April 5 submission.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]