An Incentive Based Approach for COVID-19 using Blockchain Technology
This addresses the problem of managing healthcare and economic impacts during a pandemic for governments and citizens, but it appears incremental as it applies existing blockchain concepts to a new domain.
The paper tackles the COVID-19 pandemic by proposing an incentive-based system using blockchain technology to encourage voluntary testing and isolation, aiming to reduce strain on governments and boost economic recovery.
The current situation of COVID-19 demands novel solutions to boost healthcare services and economic growth. A full-fledged solution that can help the government and people retain their normal lifestyle and improve the economy is crucial. By bringing into the picture a unique incentive-based approach, the strain of government and the people can be greatly reduced. By providing incentives for actions such as voluntary testing, isolation, etc., the government can better plan strategies for fighting the situation while people in need can benefit from the incentive offered. This idea of combining strength to battle against the virus can bring out newer possibilities that can give an upper hand in this war. As the unpredictable future develops, sharing and maintaining COVID related data of every user could be the needed trigger to kick start the economy and blockchain paves the way for this solution with decentralization and immutability of data.