Korea to Introduce Blockchain-Based Vaccine Certificate in April April 2, 2021 April 2, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsApril 2, 2021 by Kelly Cromley

Korea to Introduce Blockchain-Based Vaccine Certificate in April

South Korea has made multiple announcements regarding the use of a blockchain application to prove vaccination for Covid-19 pandemic. As per Yonhapnews, Chung Sye-kyun, Prime Minister of South Korea, has stated “we have already completed the development of a system that can easily prove vaccination on a smartphone.”

A top rationale for utilizing blockchain is to validate that the vaccine was administered to a particular person, eliminating the possibility of a scenario where any other person simply photocopies a vaccine certificate and amends the name.

In general, blockchain powered digital health passports offer confirmable data based on global standards (W3C). Nevertheless, the technical info of the Korean variant was not published.

Having said that, a Korean executive pointed out that the health passport was structured to be utilized in overseas countries and meets general criteria utilized in other nations. Possessing a globally endorsed vaccine certificate will certainly minimize the necessity of quarantine that a traveller needs to undergo.

Sometime this month, the smartphone app will be rolled out. Presently, it is being overhauled to minimize the degree of crucial personal data. In general, people show reluctance in using apps which face privacy issues.

Korea’s Financial News disclosed that the tech is being freely shared by Blockchain Labs, which created the InfraBlockchain, a Korean company’s blockchain solution that unveiled in 2020, aimed at enterprises and public sector apps.

In the meantime, several other Covid-19 health certificate apps are being introduced. The State of New York has implemented IBM’s Digital Health Pass. Notably, IBM was also a portion of the top bid in Germany. And airlines are testing immunity passport platforms from GE Digital, airline industry body IATA and the ICC’s AOKpass.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.