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US Health Department reveals a blockchain project to track COVID-19.

One of the biggest cryptocurrency asset managers, Valkyrie Investments, has announced that it will launch a so-called on-chai
One of the biggest cryptocurrency asset managers, Valkyrie Investments, has announced that it will launch a so-called on-chain defi fund next week.

The US Health and Human Service Chief Information Officer José L. Arrieta revealed that the health department is currently using the blockchain technology to track COVID-19 hospitalization data, according to the Forbes report. The Chief Information Officer stated how this system would “allow for faster clinical trials, protect citizens, and flatten the curve on this pandemic.” We can recover from this pandemic using blockchain technology, a distributed ledger technology,” he added.

“Blockchain will ensure the data for COVID-19 hospitalizations is accurate and traceable.”

Earlier, the chief information officer Arrieta noted how HHS Protect, a platform for authenticating data, is more comprehensive than that previously provided by the CDC. He said that at HHS Protect, every day, every data element they receive is hashed with a time-stamped record of the parcing and curation and sharing of that data element. Arrieta is known for championing blockchain technology’s benefits within the US Government, explained blockchain would ensure the data for COVID-19 hospitalizations is accurate and traceable. Arrieta further explained that the blockchain HHS uses is not the blockchain of the anarchists and disruptors, but rather as a fresh step forward where thousands of users on the platform are accessing data sets.

“Blockchain technology adoption increases amid global pandemic.”

Blockchain technology is being widely appreciated by governments and private sectors around the world. Governments are looking at different use cases of the distributed ledger technology. As reported earlier, the South Korean government is utilizing blockchain technology in its healthcare system. The technology is also being used in many different sectors, including logistics, healthcare, and many others. Earlier, the US Senate had proposed to use the blockchain technology for remote voting amid the shutdowns due to the COVID-19 pandemic. The technology was initially meant to underpin cryptocurrencies as all transactions are permanently recorded on a digital ledger that can not be hacked or altered.

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