Blockchain Technology can assist in the remedy for COVID-19

Hey ninja’s, how’s the trading going? On the day, the crypto-market is trading
sideways with the largest cryptocurrency Bitcoin reporting daily gains of 3% and is
trading at $10,190 at press time.

The blockchain community is playing a significant role in helping to develop pharmaceutical drugs to combat COVID-19, as blockchain can bring immense computational power to confirm transactions, and generate new coins, according to Brandon Mintz, CEO of crypto ATM network, Bitcoin Depot.

In an interview with Cointelegraph, Mintz highlighted that the biggest benefits blockchain brings to the table is “the security aspect of things,” adding that such an adoption is also helpful for contactless payments and online purchases with crypto as online sales continue to skyrocket.

Mintz clarified that despite the fact there will always be “some fragmentation” among the crypto community about finding ways to help in researching for a cure, “the large majority of the community has really banded together to create new innovative ways to help fight the virus."

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Source: Cointelegraph


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