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Cyprus hospital begins storing COVID-19 vaccination data on VeChain | Invezz

source-logo  invezz.com 06 January 2021 18:30, UTC

The Mediterranean Hospital of Cyprus has started storing COVID-19 vaccination records on the VeChain blockchain. The hospital unveiled this news via a press release, noting that as of January 4, 100 doctors and personnel had received the COVID-19 vaccine. The hospital went on to that all the vaccinated persons received a digital certificate on their E-HCert App, an electronic wallet for lab results, which runs on the VeChain Thor blockchain.

In the news release, the Mediterranean Hospital of Cyprus said that the digital certificates represent another step toward the digital transformation of the healthcare industry through the VeChain Thor blockchain. According to the hospital, more than 8,000 people have received their results after getting a COVID-19 RT PCR test upon their arrival at the International Airport of Larnaca to date.

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This news comes after VeChain joined hands with the hospital to officially launch the E-HCert App at the end of May 2020. At the time, the hospital sought to use the application to help contain the outbreak of the COVID-19 pandemic.

Explaining how the app works at the time, the hospital said,

“When a Cyprus citizen goes to the COVID-19 laboratory of the hospital and undergoes RT-PCR and antibodies tests, the testing and medical record will be encrypted and uploaded onto the VeChainThor Blockchain, and the immutably recorded results are then shown in the E-HCert Native App.”

Providing valid test results

Commenting on the news of Mediterranean Hospital’s news, VeChain took to Twitter saying,

“With this tech, govs and individuals are assured of the quality and validity of results.”

The first 100 COVID-19 vaccination records for medical personnel at The Mediterranean Hospital of Cyprus are now securely stored on the #VeChain public blockchain.

With this tech, govs and individuals are assured of the quality and validity of results.https://t.co/yKzLuF06mj— VeChain Foundation (@vechainofficial) January 5, 2021

While VeChain believes that it can offer governments and individuals valid results, the network seems to be more inclined on disrupting the healthcare system. According to VeChain, blockchain technology offers a unique opportunity to disrupt the current model and the delivery healthcare of services. Per VeChain, its technology can help test results, therapeutics, diagnostics, and improve the security for exchanges to exchange information seamlessly.

Owing to this news, VeChain’s native token, VET is up more than 6% over the past 24 hours and is currently changing hands at £0.02116 with a daily volume of £487,791,530. At the moment, the coin occupies the 21st position on CoinMarketCap’s top-100 list with a market cap of £ 1,366,174,322.5.

invezz.com