Cryptoknowmics
2022-01-31 09:30:49

Blockchain to Battle Counterfeit COVID-19 Jabs in a Singapore Firm

Cryptocurrencies, particularly Bitcoin, have piqued the interest of academics, who are studying them in terms of efficiency, performance, hedging features, and relationships with traditional financial assets. Similarly, research on the influence of the latest pandemic on cryptocurrency has sprung up quickly in the aftermath of COVID-19’s breakout. Blockchain has helped quite a lot when it comes to fighting the pandemic. And now, a Singapore firm has decided to implement blockchain to battle COVID-19 jabs. To prevent practitioners from providing expired COVID-19 vaccines, Singaporean healthcare services business Zuellig Pharma is employing a blockchain-based network to track COVID-19 vaccinations. By allowing clients to instantaneously verify the provenance and authenticity of their vaccinations via a mobile app, Zuellig Pharma claims that their new ‘eZTracker’ management system can help avoid the use of improperly kept or counterfeit vaccines. SAP Blockchain to Capture, Track and Trace Multiple Data Points Daniel Laverick, vice-president and head of digital and data solutions at Zuellig Pharma said, “Accidents involving expired or improperly stored vaccines can be avoided.” To improve supply chain transparency, eZTracker uses the SAP blockchain to gather, track, and trace numerous data points. The eZTracker website describes it working with, “Simply scan the QR code on the packaging to instantly verify if your product comes fr...

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