VeChain
$0.03112 3.77%
VET · 2w

As Use Cases Grow, VeChain is Used to Store COVID-19 Vaccination Records

The Mediterranean Hospital of Cyprus, one of the largest private health facilities in the country, is storing its COVID-19 vaccination records on VeChain, which provides another compelling use case for the supply chain logistics platform.

The hospital said in a press release that as of Monday, 100 doctors and personnel had received the first dose of the COVID-19 vaccine. The vaccinated person also obtained a digital certificate on their E-HCert App, which is an e-wallet based on the VeChain Thor blockchain for lab results.

The Mediterranean Hospital of Cyprus noted that the digital certificates are "another step towards digital transformation of the healthcare industry via VeChainThor Blockchain".

The VeChain Foundation stated in a Twitter post earlier this week that its technology provides governments and individuals with a guarantee of effective test results.

The E-HCert App was implemented in the hospital in June. According to VeChain, in the three months from June 2020 to August 2020, the app recorded the COVID-19 test results of over 8,000 people.

VeChain announced in December 2020 that Aretaeio Hospital, another medical facility located in Cyprus, has also integrated a digital lab test wallet solution.

For all potential use cases, VeChain has listed healthcare as an industry that will be disrupted due to blockchain technology.

As per the firm, blockchain technology “represents the best opportunity to radically reshape the current paradigm and change the delivery of healthcare, test results, therapeutics, diagnostics as well as advance the process and security of information exchange between parties.”

VeChain was launched in 2018, claiming to achieve secure product lifecycle management by focusing on supply chain and IoT protocols. The project has received strong support from various levels of the government in China and has established partnerships with Walmart, BMW and LVMH, etc.

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