Authenticity of Vaccination Certificates, Digital Residency and Other Blockchain Initiatives

The blockchain technology remains one of the hottest trends among financial, governmental and commercial organisations worldwide. ForkLog magazine offers a survey of the most interesting recent initiatives.

Zuelling Pharma integrates blockchain to verify the authenticity of COVID-19 vaccination certificates

Zuelling Pharma, a Singaporean medical-services provider, will implement a system on the eZTracker blockchain to instantly verify the authenticity of COVID-19 vaccination certificates. This was reported by SCMP.

In addition to authenticity, medical staff and certificate holders can also verify vaccination history and vaccination sites.

The company says this will help prevent incidents related to the use of expired, counterfeit and poorly stored medicines.

The Philippine bank Asian Development Bank (ADB) announced that it is working on a system for cross-border securities transactions on the blockchain

The Asian Development Bank (ADB) announced that it is working on a project for cross-border securities transactions on the blockchain in collaboration with leading players in the sector.

ADB intends to connect central banks and securities depositories from the Association of Southeast Asian Nations to enable direct interaction, reduce transaction costs and eliminate settlement risks.

The initiative is also aimed at accelerating cross-border securities operations in the region, which are processed through international custodian networks, pass through the US or Europe and take several days.

Palau to launch blockchain-based digital residency system

The island nation of Palau announced the launch of its Root Name System (RNS) digital residency program on blockchain via collaboration with Cryptic Labs.

The initiative is being developed in collaboration with Cryptic Labs. The system will allow holders to obtain a blockchain-based identity and a Palauan resident status, a mailing address, delivery services and verification of a digital signature.

Each RNS participant will be able to choose the personal data they are willing to share with others. After application approval, the Palauan digital resident will also receive a digital version of their identity in the form of an NFT.

Alfa Romeo integrates blockchain into a car to track its lifecycle

The Italian car maker Alfa Romeo presented the Tonale SUV with NFT that will record the vehicle’s lifecycle on the blockchain.

According to the head of the company\’s Global Marketing, Francesco Calcara, with the customer\’s consent the NFT will record data about the Tonale and generate a certificate to be used as a “guarantee of the overall condition of the car.”

The blockchain will also store service history, information about accidents, breakdowns and repairs of the SUV. The initiative aims to increase the car’s value on resale.

Moscow to open access to blockchain-voting data for all citizens

Head of the Department for the Improvement of Territorial Governance and Smart Projects Development of the Moscow government Artem Kostyrko announced the upgrade of the blockchain-voting monitoring service in Moscow.

According to the official, the tooling will allow any citizen to become an electronic observer. After decrypting and publishing the results of the vote, those who wish will be able to verify their accuracy themselves.

Kostyrko claims that expanding the circle of observers to include ordinary citizens will be “an additional guarantee of the honesty and transparency of elections.”

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