{"id":255825,"date":"2020-03-31T07:48:02","date_gmt":"2020-03-31T11:48:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=255825"},"modified":"2020-03-31T07:48:02","modified_gmt":"2020-03-31T11:48:02","slug":"chinas-major-courier-uses-blockchain-to-distribute-supplies-amid-coronavirus-pandemic","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/chinas-major-courier-uses-blockchain-to-distribute-supplies-amid-coronavirus-pandemic","title":{"rendered":"China\u2019s Major Courier Uses Blockchain to Distribute Supplies Amid Coronavirus Pandemic"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">SF Express, China\u2019s second-largest courier service provider, is using blockchain technology to distribute vital supplies during the ongoing coronavirus pandemic. According to a March 30\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.globaltimes.cn\/content\/1184152.shtml\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">report\u00a0<\/span><\/a><span data-preserver-spaces=\"true\">from the Global Times, an English newspaper owned by the Communist Party of China, the Shenzhen-based firm is finding blockchain especially useful in monitoring the origin and\u00a0<\/span><span data-preserver-spaces=\"true\">quality of the supply of medical goods.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Blockchain Use in Broader Scopes<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The report identifies blockchain as one of the top emerging technologies\u2014 along with big data and artificial intelligence \u2014 that can enable frontline medical workers and aid suppliers to control the spread of the disease and deliver relief efforts, especially during the coronavirus pandemic.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Blockchain technology is gradually transcending its use in the cryptocurrency sector and is proving effective for logistics management in times like these. For SF Express, the technology has the potential to optimize the process of tracking the origin and verifying the quality of medicinal supplies and food.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Given that these materials require high standards, blockchain can help to significantly improve their quality assurance. The company\u2019s blockchain system would be able to classify priority levels of supply as well as minimize the risks of counterfeit or unlicensed goods being shipped to designated regions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to the report, China\u2019s e-commerce company Alibaba Group has also contributed to efforts to contain the virus by implementing an AI-supported diagnostic program. It will also supply its AI CT scanning program to countries like the Philippines.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Blockchain Proving Useful for Government Applications\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">During this ongoing health crisis, several governments have turned to solutions like blockchain to manage their medical records, monitor the distribution of\u00a0<\/span><span data-preserver-spaces=\"true\">virus-prevention materials, and consult with the public.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the first two weeks of February, China\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"http:\/\/en.people.cn\/n3\/2020\/0217\/c90000-9658792.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">introduced<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0as many as 20 blockchain-based applications designed to help counter the coronavirus outbreak. Last weekend, the World Health Organization also\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/mipasa.org\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">collaborated\u00a0<\/span><\/a><span data-preserver-spaces=\"true\">with major blockchain and software firms to launch a blockchain network that will aid the exchange of data relevant to the pandemic.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">More government bodies are finally beginning to realize the infinite potential that the technology has to simplify many systems, and they\u2019ve begun to take steps to embrace it. This is a welcome development, and it\u2019s one that means progress for systems that require accountability and reliability.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Open Ledger system can help to provide stable identity management, transparent ownership structures, and effective data mining. All of these will increase the versatility and durability of different systems.\u00a0<\/span><span data-preserver-spaces=\"true\">In July of 2019, the U.S. Department of Defense\u00a0<\/span><span data-preserver-spaces=\"true\">announced\u00a0<\/span><span data-preserver-spaces=\"true\">its four-year Digital Transformation Roadmap, which also includes blockchain implementation in several critical applications.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A March 24\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/ec.europa.eu\/info\/funding-tenders\/opportunities\/portal\/screen\/opportunities\/topic-details\/edidp-sme-2020\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">release\u00a0<\/span><\/a><span data-preserver-spaces=\"true\">by the European Defense Industrial Development Programme (EDIDP) also asked for blockchain developers to submit proposals for defense and logistics solutions. Successful applicants will take part in a\u00a0<\/span><span data-preserver-spaces=\"true\">254-million euro grant<\/span><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">SF Express, China\u2019s second-largest courier service provider, is using blockchain technology to distribute vital supplies during the ongoing coronavirus pandemic. According to a March 30\u00a0report\u00a0from <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/chinas-major-courier-uses-blockchain-to-distribute-supplies-amid-coronavirus-pandemic\" title=\"China\u2019s Major Courier Uses Blockchain to Distribute Supplies Amid Coronavirus Pandemic\">[&#8230;]<\/a><\/div>","protected":false},"author":1770,"featured_media":255826,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5357,946,10573,10572,10571],"class_list":["post-255825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-blockchain","tag-china","tag-coronavirus-pandemic","tag-courier-service","tag-sf-epress"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China\u2019s Major Courier Uses Blockchain to Distribute Supplies Amid Coronavirus Pandemic - 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