In an article published by Forbes, former chief software architect at the Center for Disease Control, Jim Nasr regards blockchain technology as a computational trust platform. Through blockchain technology, secured and incorruptible data from reliable sources can be gathered and made publicly available in real-time. This technology also makes collaborative efforts possible from research gathering to policymaking and implementation. Additionally, such data can also serve as an evidence-based tool that can help decision-makers respond faster and better to a global health crisis like the COVID-19 pandemic.
As pointed out in an article published by the World Economic Forum, blockchain technology can likewise create transparent, interoperable, and connective networks. Those characteristics can help solidify the foundations of a resilient society that can be more capable of handling crises in the future.
Now, more than ever, the world needs to access better information in real-time. Application of technology like blockchain can be a life-saving and urgent solution now that the world is facing a public health emergency of unprecedented scale.
The COVID-19 pandemic is challenging in many respects. There is still so much about it that is yet to be known. It has forced a significant number of businesses and workers out of the conventional practices in terms of operations. It limited movements of goods, services, and people. It gave birth to a kind of normal the world has never known before. Its mysteriousness, severity, and threat make it crucial to find the right solutions as soon as possible to save lives and the world as a whole.
Blockchain technology can give hope at this uncertain time. It can help monitor the spread of the virus. It can also be used to manage the medical supply chain more effectively. Furthermore, it can help provide better treatment. This technology can also aid in organizing efforts to control the spread of and ultimately find an effective treatment for the virus.
Besides the aforementioned, blockchain technology is very much needed at this time when false information is rapidly spreading. The transparency this technology offers can help build and reinforce trust now that unity and cooperation are more crucial than ever.
Then again, it is essential to remember that while the world can adopt technology such as blockchain to create better solutions, it cannot solely rely on it. Blockchain, like other innovative technologies, is not a replacement for ineffective policies. Instead, it can merely offer useful tools that help develop and implement better solutions for the common good.