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How Blockchain is Helping Fight the Coronavirus Pandemic

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How Blockchain is Helping Fight the Coronavirus Pandemic

The world is currently facing multifaceted problems due to the emergence of the COVID-19 pandemic, and Blockchain technology is playing a vital role in creating a platform for adequately managing the COVID-19 pandemic.


In this worldwide health crisis, the medical industry is looking for newer technologies to monitor and control the COVID-19. Thus, to monitor and control the spread of any virus, accurate and trustable data are required as they are essential. 


However, in the present scenario, the existing technology lacks the trustable data that may provide the correct information about the widespread outbreak. Sources such as public hospitals and clinical laboratories can provide information about the COVID-19 pandemic patients, but the data may not be faithful because it is not monitored and appropriately stored or not collected according to the set guidelines.


To solve these kinds of issues, Blockchain technology can play a vital role in tracking the spread of the coronavirus easily, by identifying high-risk patients, and it is highly competent in controlling the infectionjin real-time. It is defined as a digital database that contains information which can be simultaneously used and shared within an extensive decentralized and publicly accessible network. 

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Significant benefits of Blockchain technology for COVID-19 pandemic


Blockchain technology enables distributed, encrypted, and secure logging of digital transactions. It is expected to revolutionize computing in several areas, mainly where centralization is unnatural and privacy is essential. It can be leveraged globally to track the spread of the coronavirus infection by deploying a Blockchain network on citizens’ mobile devices.


Blockchain technology has the ability to preserve patient information. It can simplify the fast-tracking of drug trials and record and track all fund-raising activities and donations transparently. So, outbreak tracking, user privacy protection, medical supply chain management, and donation tracking are the various areas in which Blockchain technology can play a vital role in fighting t the COVID-19 crisis.


Digital data storage of COVID-19 patients using Blockchain technology

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One of the main issues during this pandemic time is the need for reliable, up-to-date data concerning the outbreak and spread of the novel coronavirus. Blockchain technology can help to resolve this problem very effectively. One of the essential advantages of this technology is it provides verifiable and secure data by using its distributed ledger technology and peer-to-peer networking features.


During this pandemic, this technology is instrumental in recording patient information with COVID-19 symptoms, locations, and the history of health conditions with high privacy. Many platforms have recently been launched which use this technology to facilitate sharing bothinformation and valuable data related to COVID-19. 


The World Health Organization (WHO) launched MiPasa in March 2020. It is a Blockchain technology-based platform which facilitates fully private information sharing between individuals, state authorities, and health institutions. 


Blockchain technology for public surveillance system during the COVID-19 pandemic

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Blockchain technology can successfully track the patient’s moment and provide real-time data about the affected areas and direct fighting efforts. This technology is also useful for the tracking of a person’s movement in a virus-free zone. Government and health organizations can monitor potential patients at every stage by using Blockchain technology reliably and accurately. 


Information on safe zones, such as population, location, and current coronavirus outbreak status, is recorded using a chain of blocks in which each block can store an update of the outbreak at a particular time. Combining Blockchain technology with artificial intelligence (AI) and a geographical information system (GIS) can make the public surveillance system more effective and robust.


The Blockchain process for COVID-19 pandemic


Blockchain technology participating nodes are used for patients, testing and clinical laboratories, hospitals, and government sites. Besides, the documents on the digital ledger are the patients’ records, sample test results, treatment status, and discharge summary.

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According to the Organization of Economic Cooperation and Development (OECD) (OECD Economic Outlook, Interim Report March: Coronavirus: the world economy at risk, 2020), the global economy has slowed down is now at its slowest since 2009. This is due to the complete shutdown of various sectors such as supply chain, insurance, tourism, agriculture, construction, and automobiles.


Disease control


For infectious disease control and preventing the spread of the pandemic, effective and accurate disease surveillance is necessary. Ebola virus, yellow fever, cholera in Africa, Nipah in Asia, Middle East respiratory syndrome, coronavirus, etc., are diseases that can be monitored and controlled using Blockchain technology. It can be used globally to track the spread of COVID-19 infections among humans and it is carried out by deploying Blockchain network in-country citizens’ electronic devices. During the COVID-19 pandemic, Blockchain technology is essential in supporting the virus victims by recording immutably the patient’s infection symptoms.


Traceability

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With Blockchain technology, one can track the infected patient’s movements, provide real-time data about affected areas, and report directly the efforts to fight it. Blockchain technology is also useful in implementing tracking of a person’s movements in virus-free zones. Information on safe zones, such as population, location, and current coronavirus outbreak status, are recorded using the chain blocks.


In this pandemic crisis, maintaining a continuous supply of medicines and food has become a considerable challenge for the healthcare sector, and Blockchain technology has proved very useful in the goods supply chain and trading supply chain. It can ensure the reliability of the medical chain by creating a secure linking between the blocks and transactions. Thus, to maintain privacy in the data of the supply chain, Blockchain encryption is used. 


Recently, IBM launched a Blockchain network to bolster the medical supply chain during COVID-19, under the project name “Rapid Supplier Connect.”


Improving the recovery of infected patients

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Infected patient’s recovery rate can be improved if they get treatment at the right time. Blockchain technology helps to monitor the quarantine cases effectively at home and in the hospitals. It enables the drug supply faster, which will play an important role in infected patients’ recovery. 


During the COVID-19 pandemic, Blockchain can privately record the patient’s symptoms, location, and historical health conditions in a highly effective way. The data block is decentralized over the distributed networks of governments, healthcare professionals, and end-users.


Effective healthcare management during the crisis


A well-designed healthcare management system is necessary to deal with big crises like COVID-19, both in the present and the future. According to the WHO, every month, frontline health responders need more than 89 million masks, 39 million gowns, 76 million gloves, and 2.9 million liters of hand sanitizer to protect themselves and others from COVID-19. Blockchain technology helps to manage the supply of all the above-mentioned items. 


The greatest challenge most governments are suffering from is the lack of a precise mechanism that is needed to detect the newly infected cases and predict coronavirus infection risk. So, we need a technology-empowered solution during this COVID-19 crisis. 

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The various features of Blockchain technology, such as decentralization, transparency, and immutability, can help us to control this pandemic through the early detection of outbreaks, as well as by fast-tracking drug delivery, and protecting user privacy during a patient’s treatment.

 

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Crypto World

Institutional ETF Flows Tilt Toward This Altcoin in February

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Solana ETF flows in February

Solana exchange-traded funds (ETFs) are diverging from broader crypto ETF trends this month. While demand for Bitcoin and Ethereum products has shown signs of cooling, Solana-linked funds have maintained steady inflows.

The shift comes amid heightened volatility in digital asset markets. With macro uncertainty weighing on investor sentiment, ETF flows may be offering a signal of where institutional capital is positioning in the short term.

Solana ETF Streak Stands Out in Volatile Crypto Market

According to data from SoSoValue, Solana ETFs have recorded consecutive inflows since February 10. As of February 24, the products have logged only three red days this month. Overall, the ETFs have pulled in $30.33 million. 

The streak stands out against the more uneven performance seen in larger crypto ETFs during the same period.

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Solana ETF flows in February
Solana ETF flows in February. Source: SoSoValue

Bitcoin ETFs have posted mixed results in February. Inflows were recorded on seven trading days this month. Ethereum ETFs have followed a similar pattern, reflecting inconsistent demand rather than sustained accumulation. 

Despite those positive sessions, cumulative flows remain deeply negative. So far this month, Bitcoin ETFs’ net outflows stand at $939.94 million. In addition, Ethereum ETFs recorded outflows of $490.58 million.

When compared to other altcoin products, Solana’s performance also appears relatively stronger. XRP-linked ETFs have experienced outflows on three trading sessions this month while recording zero flows on four days. 

Although the number of positive sessions is comparable, the consistency of Solana’s streak since mid-February remains notable.

Nonetheless, it is important to contextualize the data. In absolute dollar terms, inflows into Solana ETFs remain smaller than those seen in Bitcoin products. 

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Bitcoin and Ethereum ETFs continue to command the majority of institutional crypto exposure and overall capital allocation. However, consistency in flows can indicate relative resilience in demand during periods of broader uncertainty.

The steady inflows into Solana products suggest that some investors are maintaining or selectively increasing exposure to higher-beta assets, even as flagship crypto ETFs experience uneven demand. Still, the divergence may reflect short-term capital rotation rather than a structural shift in institutional positioning.

SOL Price Remains Under Pressure 

Despite the ETF inflows, Solana’s price performance has continued to reflect broader market weakness. Like most major digital assets, SOL has trended downward over the past month, declining 32.8%.

The altcoin saw a modest recovery today, rising more than 7% as total crypto market capitalization expanded by approximately $32 billion. At press time, SOL was trading at $82.15.

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Solana (SOL) Price Performance.
Solana (SOL) Price Performance. Source: BeInCrypto Markets

However, technical analysts remain cautious on the asset’s near-term outlook. Market commentator Alejandro suggested that Solana’s next downside target could be $45.

Whale Factor described the token as entering a high-probability “make or break” zone on the 4-hour chart. According to the analysis, SOL’s wedge formation is “reaching maximum exhaustion,” signaling a potential volatility squeeze at a critical inflection point.

The analyst outlined two possible scenarios:

“Bull Case: Clean break and retest of $82 targets the $97-100 macro resistance. Bear Case: Failure to hold the $78 support level opens the door for a retest of $68.”

Whether Solana will extend its recovery or face renewed downside pressure remains to be seen.

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Bitcoin Rebounds as Traders Debate Jane Street “10am Price Slam”

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Bitcoin Rebounds as Traders Debate Jane Street "10am Price Slam"

Bitcoin (BTC) sought to reclaim $65,000 as support into Wednesday’s Wall Street open as rumors swirled around US institutional pressure.

Key points:

  • Bitcoin bounces 2.5% as talk turns to alleged selling pressure from Wall Street trading company Jane Street.

  • Jane Street rebuts claims of crypto market manipulation during the 2022 bear market.

  • “Razor thin” order books boost BTC price volatility.

Bitcoiners debate Jane Street “10am price slam”

Data from TradingView tracked a BTC price rebound, taking BTC/USD to $66,300 on Bitstamp before the pair consolidated.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

Daily price gains remained at more than 2% at the time of writing, while crypto market participants became increasingly interested in potential deliberate BTC price suppression.

A theory circulating on social media revolved around secretive quantitative investment firm Jane Street, now subject to legal action by defunct crypto company Terraform Labs.

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Coordinated algorithmic selling of Bitcoin at 10am Eastern time daily, it alleged, provided the main impetus for months of BTC price downside beginning in October 2025.

Amid the ongoing legal proceedings, Jane Street may have been forced to suspend its trading strategy, leaving the market to adjust higher.

The Terraform Labs complaint makes specific reference to “market manipulation” that impacted crypto throughout 2022, the year in which Bitcoin put in its last bear market bottom of $15,600 in Q4.

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Jane Street told Cointelegraph that the accusations were “baseless, opportunistic claims.”

The 10am argument, meanwhile, failed to convince many. Crypto YouTuber Wise Advice was among them, suggesting that the theory was too simplistic to be valid.

BTC price versus “razor thin” liquidity

Commenting on the latest BTC price move, traders remained cautious.

Related: Bitcoin ETF sell-off is ‘purification’ of bull case, investor says

“$BTC is facing major resistance at $66k – from both the local range lows and the 4h trend,” trader Jelle wrote in his latest analysis on X. 

“Flipping that could spark short-term relief, but until that happens, the trend is clear. Don’t fight it.”

BTC/USD four-hour chart. Source: Jelle/X

Keith Alan, cofounder of trading resource Material Indicators, said that a “razor thin order book” on exchanges had contributed to the price rebound.

Overhead sell liquidity, he told X followers, had been pulled in advance of US President Donald Trump’s State of the Union address.

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The 24-hour crypto liquidations totaled $333 million at the time of writing, per data from CoinGlass, with shorts accounting for $213 million of that figure.

Crypto liquidation history (screenshot). Source: CoinGlass