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In the past few weeks, there has been a flurry of news at the intersection of blockchain and the coronavirus.
As someone who watches the industry news diligently (via OnCoins), I curated a related collection of such new, and they range into four buckets of activity:
Scams and fraudulent activities
Lending computational resources
Devising blockchain-based solutions
Donating funds or material
Here is the collection of 18 articles, (and I will continue to add to it if you’d like to save this link.
medium.com The Effect of the Coronavirus on Crypto
cointelegraph by samuel haig Algorand Launches Blockchain-Based Global Coronavirus Survey
cointelegraph by michael kapilkov Madrid Team Builds Iota-Based Decentralized Information Platform to Combat Coronavirus
jp buntinx Coronavirus Fraud Pertaining to Bitcoin is on the Rise in the UK
jp buntinx Tech Giants Come Together to Build a Coronavirus hub With Blockchain Technology
liam frost Coronavirus ventilators and masks get funding on Ethereum
adriana hamacher Bitcoin investor faked credentials to promote coronavirus cure
www.ledgerinsights.com UAE uses blockchain, digital identity to battle Covid-19 - Ledger Insights - enterprise blockchain
jp buntinx 17-year-old Develops a Coronavirus Information Website and Accepts Bitcoin Donations
liam frost Binance starts $5 million campaign to fight coronavirus
robert stevens MIT experts build privacy-first coronavirus tracing app
cointelegraph by adrian zmudzinski Using Ransomware, Hackers Steal and Publish Medical Data of Firm Researching Coronavirus
messari.io Ethereum miner redirects processing power toward helping coronavirus research
jp buntinx Cryptocurrency Donations Bring an Advanced Medical Post for Coronavirus Victims to Italy
thecontrol.co Grants for Coronavirus Solutions and Support - The Control
daily hodl staff Anonymous Bitcoin and Crypto Supporters Funding Coronavirus Vaccine Effort: Report
Certainly, the first category (scams) is unfortunate and unwanted.
But the second and third categories are not going to yield anything significant. They are opportunistic publicity-seeking initiatives that are diverting blockchain projects from their original goals of working on blockchain-specific solutions.
The fourth category is a perfect one. This is where the blockchain industry is donating funds or specific material to help mitigate the effects of this terrible virus situation. I wished that most of the activities focused on that, without the diversions of #2 and #3.
The Coronavirus is a medical issue, and it will be solved and resolved by healthcare professionals and researchers, doctors, and pharmaceutical companies. Frankly, the blockchain doesn’t add anything to these efforts that is not already available via more efficient and existing means. It is a stretch for an industry that is already stretched and continuously challenged to prove its usefulness on a daily basis.
I wished the blockchain industry would stay focused on blockchain technology and its deployment rather than become distracted by dreaming solutions to the Coronavirus.
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