COVID-19 vaccination records stored in VeChain as use cases grow
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  • January 8, 2021

    COVID-19 vaccination records stored in VeChain as use cases grow

    COVID-19 vaccination records stored in VeChain as use cases grow

    A hospital in Cyprus is using VeChain blockchain to store vaccination records.

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

    As of Monday, 100 doctors and staff had received their first dose of COVID-19 vaccine, the hospital said in a press release. Vaccinated staff also received a digital certificate on their E-HCert App, an electronic wallet for laboratory results based on the VeChain Thor blockchain.

    The digital certificates are “another step towards the digital transformation of the healthcare industry through the VeChainThor blockchain,” said the Mediterranean Hospital in Cyprus.

    In a Twitter posting earlier this week, the VeChain Foundation said its technology provides governments and individuals with assurance that test results are valid.

    The E-HCert application was implemented at the hospital in June. Over a three-month period between June and August 2020, the application recorded COVID-19 test results for more than 8,000 people, according to VeChain.

    In December 2020, VeChain announced that another Cyprus-based medical facility, Aretaeio Hospital, had also integrated the digital laboratory test wallet solution.

    For all its potential use cases, VeChain has pointed to healthcare as an industry ready for disruption due to blockchain technology.

    According to the company, blockchain technology “represents the best opportunity to radically reform the current paradigm and change healthcare delivery, test results, therapeutics, diagnostics, as well as to advance the process and security of information exchange between parties.

    Launched in 2018, VeChain claims to enable secure product lifecycle management by focusing on supply chain and Internet protocols of things. The project has received strong support from various levels of the Chinese government and has established partnerships with Walmart, BMW and LVMH, among others.

    VeChain’s crypto currency, VET, has gained more than 20% in the last 24 hours and 56% in the last week, according to CoinMarketCap, and is currently ranked 20th for total market capitalization of about $1.95 billion.

    Source: CoinTelegraph