Blockchain to Authenticate Coronavirus-Response KN95 Face Masks From China

Blockchain to Authenticate Coronavirus-Response KN95 Face Masks From China

Blockchain technology will be used to ensure the authenticity of Chinese KN95 face masks by leveraging VeChain. As the United States continues to struggle with a shortage of N95 masks needed to combat the deadly coronavirus, the Food and Drug Administration announced on April 3 that it has approved the use of KN95 masks in the country.Unlike N95 masks that are tested and certified by the National Institute for Occupational Safety and Health, a…

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Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020

Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020

The CBDC race has long been on, and some countries might finish sooner rather than later. The race for central-bank digital currencies has been on for some time now, and since the development of the digital yuan may have been postponed due to the coronavirus pandemic, other countries could beat China to the punch.Almost exactly one year ago, the Eastern Caribbean Central Bank and Bitt Inc. — a financial-technology company based in Barbados —…

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