The blockchain is the solution against COVID19

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The coronavirus has affected supply chains around the world, paralyzing or slowing global economic activity. The resilience of these supply chains is therefore a priority for States in times of crisis. For the World Economic Forum, this resilience depends on two main factors: transparency and integrity. These two essential characteristics “can be improved by the responsible deployment of blockchain technology. "

In order to allow business leaders and political decision-makers to appropriate the blockchain, the WEF delivers a toolbox or "toolkit". Its purpose: to provide advice for the development and deployment of new blockchain solutions. Blockchain, a priority while states are struggling with serious health issues? This is indeed the opinion of the independent organization based in Switzerland. According to her, the Covid-19 pandemic highlights “an urgent need for global cooperation. " The "current pandemic highlights the need for businesses and governments to improve the integrity and provenance of pharmaceuticals and medical supplies, as well as food, industrial and consumer goods and products." " The blockchain intervenes in this context by bringing a “shared trust” between the actors of the supply chain. The WEF toolbox is therefore a guide to deploying the blockchain between multiple actors, including small and medium-sized businesses.

For Nadia Hewett, blockchain and digital currency manager at the World Economic Forum, the crisis may be the opportunity to develop projects based on this technology. "There are many lessons to be learned from the current pandemic and this toolkit is a starting point for improving long-term pandemic preparedness and accelerating an economic recovery led by public-private cooperation," he insists. she. Several blockchain-based initiatives have emerged during the Covid-19 crisis, particularly in the area of ??vaccination. Gavi, the Vaccine Alliance, is exploring how technologies such as blockchain can contribute to the resilience of essential vaccine supply chains.

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