Blockchain technology has been utilized in saving the lives of people affected by the Covid-19 pandemic for a long time. Now, the distributed ledger technology (DLT) is to be exploited to expedite disaster relief to affected regions if 10 designated volcanoes explode.
As the contour of 2020 and the first quarter (Q1) of 2021 has been progressively defined by the Covid-19 pandemic, digitalization has been like a vessel laden with technology that has an enormous capacity for stirring up mankind's prevent against contagious disease.
During the Covid-19 pandemic where congregating is a very big risk to our health, cryptocurrency has become a godsend to gamblers because it provides the unmatched social distancing required in the fight against coronavirus.
Numerous countries and health organizations around the world have been researching all possible ways of preventing the spread of COVID-19. Among other means is switching all possible activity including payment to the online mode.
Scientists globally are now innovating new technologies and drugs that can help in the fight against Covid-19 virus. Now Blockchain and decentralized ledger technology (DLT) can be used to prevent the spread of Coronavirus.
The health institutions in South Korea are using every available tool to fight Coronavirus disease. The most recent technological alternative is using a blockchain app system to track Covid-19 contacts in different parts of the country.
The interest in cryptocurrency seems to grow as new people join the community. Compared to other communities, the cryptocurrency ecosystem is a relatively nascent community because the first cryptoasset was launched in January 2009, meaning that it is just over one decade into existence.
With modern advancements in the fields of medicine and health advancing at an ever-increasing pace, the value of research and development has followed suit, with the specific area of clinical trials now thought to be valued at over $350 billion a year.