Centralized data management hampered the global response to COVID-19
Blockchain-supported decentralization has a chance to improve the difficulties for pharmaceutical and life sciences supply chains. The COVID-19 outbreak, just like any other black swan event before it, revealed systemic weaknesses in a wide variety of industries and processes. With the information age now in full swing, this particular event emphasized the critical importance of data management, and it highlighted the failure of status quo data management systems. In terms of the global response to the pandemic, the consequences of poor data management range from exacerbated shortages to....
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Ethereum’s Polygon co-founder Sandeep Nailwal started a crypto campaign relief for India on April 24th. Due to the breakout in the number of Covid-19 cases, the country is undergoing a severe crisis. Nailwal’s initiative has received a positive response from the crypto community. Data from the World Health Organization (WHO) indicates that the country reported […]
While the world has evolved from storing and transferring information from paper to cloud storage, data is still not entirely protected. The existing cloud storage system used for sharing information while encrypted is centralized, and centralized systems have the inherent disadvantage of being vulnerable to hacks and attacks. However, decentralized solutions such as blockchain technology have become an excellent alternative because of their immutability. Sharing intellectual property through the blockchain network can create a more secure and reliable system because of its several....