The World Economic Forum wants to use blockchain in these sectors

The non-profit organization that prepares the World Economic Forum every year encourages the use of blockchain technology. The coronavirus crisis is critical and the solution is to apply these technologies, among other things, in an effort to restore supply chain functioning. They are in a bad state due to the global pandemic.

The coronavirus crisis has stunned the economy: Remedy may be a blockchain

The World Economic Forum is an event of a Swiss non-profit organization that aims to follow the latest developments in the field of economics. He then calls for the resolution of individual problems with the help of a resolution. Recently, of course, it has been freezing the economy, which be caused by an insidious virus.

According to the latest document, blockchain technologies are also to become a solution. The organization also adds emphasis to the call.

“The goal is to leverage the fairness, operability, transparency and credibility of ledger technology and achieve all the set changes in the shortest possible time.”

The chains that supply the most important needs are particularly critical. So food and medicine.

The main reason for using the blockchain is to strive for 100% transparency in the supply of goods.

However, Nadia Hewett from the organization admits that blockchain cannot solve all problems.

“It won’t solve everything, but its characteristics can help solve problems typical of a pandemic and an epidemic.”

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