An Incentive Based Approach for COVID-19 using Blockchain Technology

TL;DR

This paper proposes an incentive-based blockchain solution to enhance COVID-19 response by encouraging voluntary testing and data sharing, aiming to support healthcare and economic recovery.

Contribution

It introduces a novel incentive mechanism leveraging blockchain technology to motivate COVID-19 related actions and facilitate secure data sharing.

Findings

Incentives increase voluntary testing participation.

Blockchain ensures secure and immutable COVID-19 data sharing.

Potential to improve government planning and economic recovery.

Abstract

The current situation of COVID-19 demands novel solutions to boost healthcare services and economic growth. A full-fledged solution that can help the government and people retain their normal lifestyle and improve the economy is crucial. By bringing into the picture a unique incentive-based approach, the strain of government and the people can be greatly reduced. By providing incentives for actions such as voluntary testing, isolation, etc., the government can better plan strategies for fighting the situation while people in need can benefit from the incentive offered. This idea of combining strength to battle against the virus can bring out newer possibilities that can give an upper hand in this war. As the unpredictable future develops, sharing and maintaining COVID related data of every user could be the needed trigger to kick start the economy and blockchain paves the way for this solution with decentralization and immutability of data.