UK’s NHS Taps Blockchain Tech to Monitor Coronavirus Vaccine Cold Chain

Bitcoin and U.S. stock futures shot up on Monday after Pfizer announced positive results from a trial of its coronavirus vaccine.

The U.K.'s National Health Service will implement an IoT solution built on the public distributed ledger network Hedera Hashgraph in order to monitor the storage of its COVID-19 vaccine supplies. Public distributed ledger network Hedera Hashgraph is being used by a United Kingdom-based digital asset tracking provider called Everyware to provide the country's National Health Service with a system for managing its COVID-19 vaccine storage.Several of the widely-used COVID-19 vaccines being administered at present require ultra-cold storage conditions in order to remain effective, presenting a....

The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning that alerts financial institutions in the United States about increasing ransomware attacks against coronavirus vaccine research organizations. US Treasury Warns of Ransomware Attacks, Phishing Schemes Targeting Covid-19 Vaccine Research Institutions According to the alert, FinCEN says that fraud, ransomware attacks, and “similar types of criminal activity” target the distribution of Covid-19 vaccines, which could affect their supply chains if proper actions are not taken on....

Bitcoin’s second attempt to close above $16,000 hit a wall on Monday as traders assessed the latest progress on a coronavirus vaccine. The benchmark cryptocurrency fell 0.77 percent, suggesting that its last week’s advance, which took its price to a three-year high, would reverse in the daily sessions ahead. Bitcoin also plunged on technical merits […]

Bitcoin inched back into positive territory on Wednesday just as Pfizer and BioNTech's coronavirus vaccine won UK authorization.