Deputy Prime Minister of Japan Taro Aso has come forward and tipped Blockchain technology as a vital tool in global efforts to counter the raging COVID-19 pandemic. Aso, who also serves as the finance minister of the country, talked about this during the Blockchain Global Governance Conference held in Tokyo, the nation’s capital, on 24 Aug. 2020.
Aso, believes that Blockchain technology can precisely be effective during the process of contact tracing.In addition, he adds that the technology could ensure that the privacy of the user is maintained for anyone found to be COVID -19 positive after contact tracing.
Blockchain technology can provide containment measures directives
The outspoken politician also insists that Blockchain technology can help the relevant authorities to have access to the necessary measures that need to be taken to stem the outbreak of COVID-19 in the future. Nevertheless, Aso asserts that any rising differences that may occur between technology users and regulators need to be resolved first to ensure that this venture is effective.
He added that it is worth noting that certain users of Blockchain technology are very unfriendly to regulators. Many of them assume that regulators lack a clear understanding of the technology, and any innovations that may arise may be impeded. Aso also acknowledges the fact that the rate of Covid-19 infections will not subside soon, so a need for a realistic blockchain-based contact tracing solution might be considered as immediate emergency.
The technology adoption is fast gaining popularity across the globe
Many countries around the world are now working towards the integration of Blockchain technology. Nations such as Colombia, through the Ministry of Information Technology and Communications, are integrating their 10 sectors into technology. The Ministry believes that the country can benefit greatly from this action when fully integrated. Also in May 2020, the Colombian government joined various nations in signing favorable bills to the law in support of the adoption of Blockchain. They recently signed the ‘Blockchain bill of rights’which will set favorable conditions for the passage of the tech.
Finally, nations such as Estonia, the U.A.E, the U.S. and Canada have all made significant progress following the adoption of Blockchain technology.
