Taiwan uses the Blockchain in the fight against Corona
The spread of the Virus puts the whole world in front of problems. Taiwan recognizes Blockchain-opportunities in the logistics context, together with partners.
A good example of Blockchain-use of Virus-containment
Taiwan demonstrates how everyday life can fit the Blockchain. In times of crisis, in which supply chains are uninterrupted and verified to work, the technology is rich in “Use Cases”. First approaches to the application of the technology, as they come, for example, in the case of Bitcoin and Ethereum to use, were known in connection with the spread of the Corona Virus in the middle of last month. Now the Blockchain in the Asian country helps increasingly to regulate the distribution of the world’s sought-after mouth protection masks clear and strict. Is involved in the process, the company FiO, which is, among other things, for his work on the basis of the technology “Hyberledger Fabric” known. As you know, the hysteria around the Virus in Asia, the prices for the all-important oral increases protection dramatically and shortages occurred.
Private Blockchain-company offered to help even
Bearing the brunt of the hamster purchases in this area are physicians, those important accessories are missing, which leads around the globe more and more frequently to problems in the supply of Infected. Taiwan uses a Blockchain System to guarantee a transparent supply protective masks. The Taiwan works authorities with the Blockchain-service provider, FiO, together, once again demonstrates the openness of the private crypto and block chain economy. Two new projects have been launched, the competent state institutions, in order to complications in the distribution and problems due to lack of staff to tackle. Every citizen is, so the goal of the action, will weekly receive a maximum of two masks, this being about the presentation of the insurance card in the relevant pharmacies within the system for tracking is recorded.
Global problems using the Blockchain to solve?
The cooperation with the FiO-experts did not have to be prompted only by the authorities, it is a participation, on a voluntary Basis on their own initiative. The underlying System for the distribution was programmed in cooperation with the Google Developers Group in the country. FiO would like to implement other ideas to reduce the technical effort in the System, and the costs. In terms of efficiency could prove the technology of the system. In other countries in Asia such as Singapore comparable systems to go to the Start. So the experts demonstrate once again that currencies such as Litecoin or Monero are only a part of the crypto market. The technology behind many digital currencies could open up authorities in many ways, new possibilities. What does not mean that many Asian investors create to cope with their own Wallets, to speculate with Bitcoin.
Featured Image: By Millennium | Shutterstock.com
