The Dutch government is using blockchain technology to combat the Corona virus … know how?
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Answer The Dutch government is using blockchain technology to combat the Corona virus … know how?
In a unique initiative, the Dutch government will use blockchain technology to fight the coronavirus pandemic.
The required technology will be provided by “Tech Against Corona,” a blockchain initiative founded by a group of Dutch companies.
The use of blockchain in the fight against the Corona virus:
Tymlez, a Netherlands-based blockchain technology company, is one of the members of the consortium that is allowing the government to access their technology and services to fight the coronavirus.
The Corona virus has infected thousands of people around the world and caused the closure of different parts of the world.
Entire industries and economies are now facing severe problems due to the pandemic with many economic activities halting.
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After China, Europe has emerged as one of the worst affected regions by the coronavirus.
The number of cases in the United States is also on the rise.
Suggested solution from Tymlez:
The blockchain platform can be used by I developed it “Tymlez” to model the medical goods ecosystem through a platform that matches supply and demand.
Blockchain can also be used to ensure that there is transparency in the supply chain.
The technology will be useful in preventing fraud and abuse of the situation, such as price-gauging, so as to be useful to authorities during the pandemic.
Other companies lending their support to the government include Cybersprint, a cybersecurity company that provides security services to hospitals in the country.
Taxion, an information security company, operates online systems that help organize volunteer workers.
Compumatica, an IT company, is working to improve internet connections for people working in critical service industries who have been instructed to work from home.
Dutch telecommunications company KPN is also partnering with Microsoft to provide computing systems to the world as part of the initiative.
But the Dutch are not limited to blockchain alone.
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They use Bitcoin to get its advantages as well.
The Dutch Red Cross has now started accepting bitcoin payments through its website.
The Italian Red Cross has also started accepting cryptocurrencies, which recently raised more than $20,000 in bitcoin to purchase medical supplies for coronavirus patients.
Read also:
How does blockchain technology affect central banks and urge them to issue digital currencies?
UAE Turns to Blockchain to Fight Coronavirus
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