This is how blockchain can help fight pandemics
- Date: 22-Feb-2021
- Source: World Economic Forum
- Sector:Technology
- Country:Middle East
This is how blockchain can help fight pandemics
Blockchain is used to record information in a way that makes it difficult or impossible to change, cheat or hack.
It could be used to create a Trusted COVID-19 Essential Supplies Repository of safe and certified products.
OriginTrail - a data authentication platform for global supply chains - proposed the idea on UpLink, the World Economic Forum's crowdsourcing platform for innovations.
Weaknesses in how medical equipment is procured have been exposed and exacerbated by COVID-19. When the pandemic took hold, demand for supplies such as personal protective equipment soared - along with the number of suppliers.
How can buyers of these products know they are sourcing safe and certified equipment from trusted companies? According to OriginTrail - a data sharing platform for global supply chains - blockchain is the answer.
The technology allows information to be recorded in a way that makes it difficult or impossible to change, cheat or hack - and is increasingly being used to validate the authenticity of data.
OriginTrail is a data sharing platform that uses blockchain to validate data and allow users to access it securely.
Image: OriginTrail
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