Crypto

Algorand Launches a Blockchain App to Thwart the Coronavirus

It would appear that many people see merit in blockchain technology to fight the coronavirus crisis on a global scale. Algorand is the latest project to throw its hat into the ring, as its new blockchain app launched earlier this week.

Algorand is a relatively established project in the blockchain space.

Algorand Wants to Help Coronavirus Victims

Albeit it never generates many headlines, the latest effort is worth paying attention to.

The Singaporean company is launching a new application called IReport-Covid.

As the name suggests, it is designed to help those in need during the coronavirus crisis.

Its main order of focus is to prevent the virus from spreading further.

In the application, users are asked to fill in a survey which will be recorded on the Algorand blockchain.

Related Post

As the global coronavirus toll keeps rising, efforts like these are direly needed first and foremost.

Over 600,000 confirmed cases have now been recorded all over the world.

IReport-Covid is designed to cater to both symptomatic and non-symptomatic users alike.

Once there are ample reports, the aggregated statistics will be made publicly available.

This information can then be used by the proper instances to determine how the domestic situation has evolved.

Putting an end to this global pandemic will require ample work, but it remains to be seen how things will evolve exactly.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

SEC Approves First Spot Chainlink ETF For U.S. Markets

The U.S. Securities and Exchange Commission has approved Bitwise’s spot Chainlink ETF, marking the first…

2 days ago

Rumble And Tether Launch Integrated Self-Custodial Wallet

Rumble and Tether have officially launched the Rumble Wallet, a self-custodial crypto wallet integrated directly…

2 days ago

BNB Chain Sets Fermi Hard Fork For January 14 Upgrade

BNB Chain is preparing to activate its Fermi hard fork on January 14 at 2:30…

2 days ago

Ethereum Ends 2025 As The Financial And Coordination Layer Of The Internet

Ethereum closes 2025 having firmly established itself as the secure foundation for an expanding digital…

3 days ago

Solana Closes 2025 As A Revenue-Driven Blockchain

Solana ends 2025 as one of the few blockchain ecosystems where revenue, assets, and trading…

3 days ago

Morgan Stanley Enters Crypto ETF Race With Bitcoin And Solana Filings

Morgan Stanley has taken a decisive step into the regulated crypto investment market, filing its…

3 days ago