It’s 2021 and the only application of blockchain technology known to a lot of people is still cryptocurrencies. Bitcoin and blockchain remain inseparable in the minds of many but as blockchain continues to prove that there’s more to it than just bitcoin people will begin to see the transformative technology in a different light.
Blockchain is kicking off 2021 with a bang and the year looks to be a year of progress for the tech. The cutting edge technology has seen many groundbreaking successes and has proffered solutions to many of the world’s problems. Blockchain is widely described as one of the new technology that would spark the Fourth industrial revolution.
From governance to logistics and even healthcare blockchain has the capacity to bring great efficiency to different sectors. Blockchain is a powerful technology. Jack Ma, Bill Gates and other individuals at the forefront of tech have testified to this.
However, blockchain application in other sectors than financial (crypto) is still very lacking. Various reasons have been attributed to this but lack of proper understanding of blockchain is the major reason. A lot of people still do not understand how blockchain works and why it’s so good.
Interestingly the very core of the technology cannot be understood by everyone. The concept of cryptography, private and public keys is still a mystery to many use of cryptocurrencies but it doesn’t stop them from using it.
The inner workings of most technological innovations beats the understanding of most people but they’re used because they work and not because they’re understood.
Therefore mainstream adoption of blockchain rests on more use cases outside crypto.
Tracking of covid-19 test result with IOTA blockchain
The coronavirus pandemic is one major challenge of the past year that seems to have continued into the new year. The role of technology in fighting the pandemic cannot be overestimated. However, there’s still more to be done. Blockchain has proven to be a significantly powerful technology in combating covid-19. Claims by a Twitter user about the use of blockchain at the Frankfurt airport coronavirus testing center in managing test results, has made rounds in the news.
The technology is used to manage passengers’ health status. The infrastructure called “Digital Corona Test Certificate” was created by Ubirch, a block-chain based cyber security provider. According to an explanation by an Ubrich representative, a person’s SARS-Cov-2 can be easily verified by an airline by simply scanning a QR code.
This infrastructure created by Ubirch would make covid-19 verification very easy. Speeding up travels and limiting hold ups that could result in further spread of the virus. It is not the first time blockchain has been applied to healthcare, it is the first time however it is being used on such a scale and gathering this much attention.
Will there be more of this?
Certainly, blockchain will gain ground and will go mainstream. Ubrich is one of many companies that will begin to put blockchain displays the amount of good blockchain can bring to the world.
Perhaps the pandemic might just be a way of opening our eyes to what we can achieve with blockchain. When will blockchain go mainstream? It’s hard to tell but more and more people are taking note of it and noting its advantages. It could be this year or several years to come. One sure thing however, is that we will see more subsequent blockchain breakthroughs.