The Role of Blockchain and Cryptocurrencies - Part 2/5 (Impact of Covid19 on Fintech)

THE ROLE OF BLOCKCHAIN AND CRYPTOCURRENCIES IN TODAY’S CRISIS
USE CASES 1 - UCT
• UCT Programme under Prof Co-Pierre George
• Track and trace infected patients
• Using blockchain technology
• Uses Bluetooth and geolocation tracking
• Valuable particularly if the virus mutates each winter / can be used on an ongoing basis
• Incentivise / reward people who social distance/ self isolate at home
• Data immutability
• Privacy first - Self Sovereign Identity (SSI)
• Data stored on the phone
• User decides who has access to it