How Blockchain Is Helping To Manage The COVID-19 Pandemic.

Even though the pandemic has had many adverse effects, it has been a positive tech-opener. Many people are now inclined to technology to solve the issues brought about by the pandemic. Blockchain is one of the leading technologies that is managing the pandemic.

Blockchain technology is an open distributed ledger. It contains a record of information that is available to everyone in the network. The data in the chain is immutable; hence no one can interfere with it. Some of the advantages of blockchain are its transparency, immutability, decentralization, and security.

Healthcare is a big beneficiary of the technology, like many other Industries. Some of the ways blockchain has helped to manage the COVID-19 pandemic include:

Supply-chain management

The medical supply chain is very critical during the pandemic. Even though we have supply-chain systems in place, they are not as efficient. Blockchain has made it straightforward. It is easy to track Medical Supplies such as medicines or Vaccines. We use blockchain for the traceability of medical supplies along the chain. You can know where the drug is and where the patients are. It ensures a patient gets the medicine. Blockchain also helps keep track of Vaccines. You can know the distribution of the different types of Vaccines in the market. This helps to deal with the factors of demand and supply in the chain. It helps ensure there are enough vaccines according to need. IBM launched the Rapid Supplier Connect project in the blockchain network. The project is for medical supply tracking.

Blockchain also helps track the donations received for dealing with covid-19. This helps to increase transparency while reducing corruption related to grants.

Patient information sharing

Data breaches are one of the main challenges facing the health industry. Blockchain can solve this problem through its decentralized distributed Ledger. This means once a patient’s information is in the system, you cannot tamper with it. You need permission to change the info. Patient information sharing is easy as it is a decentralized ledger. Anyone in the network can access information. Apart from patient information sharing, you can be sure you’re getting accurate information. There are no chances of editing the data. Sharing a patient’s history is much easier for a medical practitioner. The technology is efficient. In the initial system, medical practitioners rely on hospitals’ databases for information.

Contact tracing

Once one gets a diagnosis of covid-19, it is mandatory to trace those he has been in contact with to cap infection. There are applications for contact tracing, such as wearables and mobile apps. Since they are central, they may have privacy and security issues. With blockchain and its decentralization, users get assurance of data security and privacy. It makes it more manageable in doing contact tracing. Users have control over their data and can achieve privacy by activating pseudo-anonymity.

Contactless delivery

In the pandemic era, contact is very paramount when it comes to spreading the disease. That is why there are lockdowns to try and contain the disease. With blockchain technology, contactless delivery is possible since there is traceability and transparency.

Online education

Education is not something we can do without, even though we have a pandemic. Since it is a situation, we are not used to, having more information is very important. Through blockchain technology, online education is very efficient. People can get information on how they can manage their symptoms and maintain safety. This can help in containing the spread of the virus.

Medical insurance

Insurance is very critical for every individual. Unfortunately, some systems make accessing insurance very inconvenient. This can cost you when you’re having an emergency. Blockchain technology cuts down on the intermediaries involved, increasing efficiency and speed. That means processing Insurance claims is much easier and quicker. It means hospitals can access funds, and patients can access healthcare faster.

Accurate real-time data

Although we are sure of the pandemic, it is hard to get accurate data. This means that social platforms and media may have fake news from unverified data. Blockchain can help meet data accuracy since you can confirm the information. That can help you get accurate real-time data updates. With blockchain, it is easy to transition from institution-driven interoperability to patient-centered interoperability.

Tracking of new strains of the virus

With blockchain, you record patients’ symptoms, location, and any other underlying health conditions. This can help you identify a new virus strain early. As a result, you can create strategies for dealing with it before it becomes a pandemic.

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