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What Can the Blockchain Do for Ebola?

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It is a very sad news indeed that the dreaded Ebola disease has resurfaced in the Black continent just a few years after it ravaged some parts of the continent. The Republic of Congo is currently battling with the spread of the dreaded disease that recently spread to Urban areas. The question now is what can the blockchain do to curtail such a dreaded disease as Ebola.

Immutable Records

The health minister of the Democratic Republic of the Congo’s (DRC) announced on Wednesday, May 16 that the current Ebola outbreak had spread to urban areas with the record of the first case in Mbandaka, a city of 1 million people. With the current outbreak, there is a need for records, immutable records and that is the role the blockchain has come to play in the society.  Already, health officials have announced that the death toll had reached 25 on Friday. The Distributed ledger offers a distributed database with real-time synchronisation. It also protects trusted records and simplifies interactions. This way people can impute the data and number of death toll or cases enabling the government know the exact number and function adequately.

Vaccine Supply Chain Management

Tracing the root of a problem is usually equivalent to its solution. The blockchain technology enables the transparency of the supply chain management If people can now track their coffee from farm to table as a blockchain startup in Ethiopia is enabling the central East African country track its coffee and pay farmers the equivalent of their coffee beans. If the blockchain is also employed in tracking the pharmaceutical products that will be distributed to avoid theft and inconsistency, the delivery of the drugs and treatment to end the epidemic will be faster and more efficient.

The World Bank announced the provision of $3 million to support the DRC’s Ebola Virus Disease Response Plan. The WHO is also deploying an experimental Ebola vaccine of 4,300 doses of which have arrived in Kinshasa with about 7,540 more on the way. The Vaccine is still unlicensed and this is its first deployment although it was cleared for “compassionate use” by the WHO. Tracking how the money is being spent and what it is being spent on as well as tracking the drugs and how it is being supplied can be monitored by the blockchain.

Identity Tracking

In 2014, when Liberian diplomat Patrick Sawyer imported the Ebola virus into the West African country, Nigeria, Rapid response to his symptom and the sacrifice of health personnel made it possible to curtail the dreaded disease. Since the disease started internally in the DRC identifying the victims would be necessary and the records will also be bulky to go through. But, if their details, identities and medical records from birth to death are stored on the Blockchain, it makes it easier to ascertain the death toll. The Congolese health ministry has already deployed epidemiologists to the affected areas to track down people who may have had contact with infected individuals. This could be made easier with the blockchain technology that would have the history of the people in a distributed database.

Fund Raising

The blockchain technology and its underlying use case cryptocurrency can make Cross-border donations easier. People around the world passionate about the cause can donate cryptos to enhance the scientific research on vaccinations that can help people be immune to the disease. While the deadly virus is still being controlled in DRC, we hope that other countries will employ preservative methods that entails the Blockchain technology.

 

 

Do you think that the blockchain can help eradicate Ebola from Africa? Share your opinion with us in the comment section below.
Image credit:newscientist
 
Disclaimer:
The Information provided on the website is designed to provide helpful information regarding cryptocurrency subjects. The content is not meant to be used, nor should it be used as a basis, foundational knowledge or prerequisite for decision making regards trading. Always do your own research and due diligence before placing a trade. We are not liable for any outcome based on any content found on the site.

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Another firm, Booking.com has abandoned the Libra Project

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Booking.com join the list of firms that has pulled out of the Libra Association.

The departure of the leading online travel firm from the Libra Association reduces the membership to just 21 members.

Facebook’s foray into the cryptocurrency industry has been experiencing difficulties as governments warn of the consequences of the global financial system it intends to create via Libra.

Few months ago, Booking.com confirmed to be a founding member of the Libra Association alongside others like PayPal, MasterCard that have already pulled out from the Association.

Booking Holdings CEO Glenn Fogel when he newly became the Chief Executive Officer of the firm behind several travel focus businesses such as agoda.com, booking.com, kayak etc was expressed his opinion on the future of cryptocurrency.

According to him, he said, he believes currencies with blockchain base will continue to surface and may gain acceptance globally.

Earlier few days ago, MasterCard and Visa revealed they would be departing the Facebook’s project. Regulatory pressure most especially from the US has been on the increase recently and this could be attributed to the growing list of firms abandoning the Libra Project.

Senator Sherrod Brown has said Big Tech shouldn’t be given power over public infrastructure like the financial system.

US Treasury Secretary, believes Libra could be used to finance terrorism.

The co-founder of Libra, David Marcus has already come forth to testify of the intention of Libra to create a global financial system while complying with regulatory requirements.

Co-founder of Libra, David Marcus said spoken on the fate of Libra as firms exit the Association. According to him, “I would caution against reading the fate of Libra into this update.”

He went further saying, “Change of this magnitude is hard. You know you’re onto something when this much pressure builds up.”

CEO of Facebook, Mark Zuckerberg has been slated to testify before House of Representatives Financial Services Committee on the 23rd of October

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An open-source map to the Pan-African Blockchain Ecosystem

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Africa blockchain cryptocurrency industry stakeholders have created a map of organizations in the entire African continent.

The map which was made open source currently has data of more than 100 Africa firms building on the blockchain or having businesses that interacts with the industry.

The African continent has been seeing growth in the industry steadily. Based on a data from a report made by Emerge, the numbers of African blockchain focused firms were less two-scores.

However, currently according to data already collected all over the continent which can be seen on the Open Source Map, there has been a tremendous growth in the numbers of firms building blockchain solutions in the continent. The rate of growth yearly since 2017 is over 120%.

The compilation of such data required hundreds of man hours however, representatives from various firms in the industry congregated to collate and arrange the data. The representatives were from CryotoTVPlus, Africa Blockchain Alliance, African Digital Asset Framework, Binance Labs, BitcoinKE, EOS Nairobi, Raise and Microtraction.

From payment gamification, consultancy, media healthcare etc, there are several projects or firms solving problems with the technology.

CEO of CryptoTVPlus, Tony Emeka speaking on the initiative said:

“As one of the largest media firms focused on the industry, we understand the impact visibility plays in the success of a firm”.

He went further saying;

“This map now ensures players in the industry get the right exposure they deserve as they continue doing what they do best, innovating.”

Anyone Can Update the Map

The incredible pace the blockchain technology is growing is unprecedented. As dynamic as it is, daily new challenges facing our social, political and economic environment are showing forth and the blockchain could help provide answers to some of these questions.

The emergence of a problem creates room for a solution, the joy of an entrepreneur, solving problems. These ultimately could create new firms all over the continent.

As an open source map, anyone can update the map with newer data of existing or new blockchain firms in their country or the African continent at large.

Adding Data

The Open Source Map can be found here, the data are found in a Google Sheet, contributors are admonished to keep the sheet clean.

Moving Forward

The world is moving fast, Africans cannot be left behind. In the world of global competition, developing local solutions that are carefully tailored to local needs are crucial to our survival, growth and development as a continent.

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Naijacrypto.com Launches the First Ever Cryptocurrency trading competition module in Nigeria

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Naijacrypto a cryptocurrency exchange launches its first ever crypto trading competition module for both beginner and expert traders

Naijacrypto, in its vision to create outstanding solutions for cryptocurrency traders, is excited to announce the launch of its trading competition module in Nigeria.

Naijacrypto is a highly secure peer-to-peer cryptocurrency exchange. It owns both web and app-based platforms that enables users to conduct trades of some major cryptocurrencies in the market.

This module allows both experienced, upcoming and beginner traders to trade various cryptocurrencies using virtual money and win prizes for good performances.

In this competition:

  • A trader can trade up to 30 cryptocurrencies including Bitcoin, Ethereum and Monero.
  • Trading is with Demo money but the prizes are real!
  • There is a live feed given for every crypto currency the trader wishes to trade
  • Traders can view a leaderboard and see where they stand in the competition
  • Traders can test their trading skills without pressure of using real money.
  • Any trader can pick a competition that suits them.
  • Competitions run daily, weekly or on a monthly basis.
    Chat box available so competitors can chat and learn among themselves

Payout:
All rewards are paid into your Naijacrypto account. Account holders will be able to claim their prizes directly to their wallet once competition is over.

Naijacrypto believes that this competition module is an opportunity for those trying to learn cryptocurrency trading to involve themselves in trade scenarios without the pressure of using real money. The interaction between beginner traders and pros can make the action of pros rub off on the beginners.

The trading competition module is now live on the naijacrypto website. The first competition is free to enter with the winner being rewarded with

100,000 naira for first place,

60,000 naira for second place and

40,000 naira for third place.

We are always open to partner with individuals and organizations who wish to organize or sponsor their own competitions on the platform.

To participate in the first free competitions or any subsequent competitions, simply create an account on www.naijacrypto.com or download the naijacrypto app on the google play store. Please note that there would be deferring competitions on the module with deferring roles.

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Andreessen Horowitz General Partner Chris Dixon, Announces Free Crypto Startup School

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Chris Dixon Announces Free Crypto Startup school for founders

Chris Dixon has announced new free crypto schools focus on educating startups. The announcement was made at TechCrunch Disrupt in San Francisco.

The crypto school according to Chris is to provide a way to teach some best practices in the emerging field of cryptocurrency. The firm will not charge anyone money neither will it take up equity in the companies that participates in the school’s training sessions. According to Chris,

We are going to run a startup school for crypto-specific startups ad what we’ve learned over the last 7 years as best practices in this category.

Chris Dixon revealed that they are going to push the category forward and help crypto startups get going. Chris hopes that startups who participate in this educational program may end up having access to investment from a16z. However, Chris made it clear that participation in the school is not a requirement.

According to TechCrunch, Dixon already runs a Crypto Fund with Katie Haun which was established last year. However, prior the estabslishment of the crypto fund, the firm which Chris Dixon represents had already invested in over a dozen crypto companies including but not limited to Ripple, Coinbase etc.

Cryptocurrency industry has seen many ups and downs over the years. With various unique products and brands going under owing to various reasons not including scams, the crypto asset space demands such initiatives to drive the growth of the industry.
A dedicated page has already been set up on the company’s website for firms interested in signing up for the crypto startup school.

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