Fig. 2 Blockchain-based used cases for fighting COVID-19 pandemic along with its benefits
Unlike traditional database systems, blockchain technology utilizes its inherent properties to ensure transparency, immutability and accuracy during data collection and data management transactions. Moreover, blockchain enables two or more parties to interact easily with one another in a digital environment and permits them to exchange money in the absence of a central authority. In many aspects, blockchain is transforming many industries by enabling value exchange, openness and trust across business ecosystems. It’s used in many industries such as energy, law, tourism, supply chain, banking and healthcare. In particular, it has proved to be beneficial in the healthcare sector as it promises to enhance healthcare data privacy and secure data management. As a result, it is immensely suitable for tackling coronavirus-related healthcare problems.