HashCash Proposes Activation of Digital Identity on Blockchain for Distribution of COVID Vaccine | News


PALO ALTO, Calif., Aug. 8, 2021 /PRNewswire-PRWeb/ — HashCash Consultants, a global blockchain development company, proposes the activation of the Digital Identity feature on blockchain to facilitate authentication and traceability of the COVID vaccine supply chain.

Ever since the launch of the COVID vaccine, multiple concerns of fraudulence, counterfeiting, and unauthorized vaccine drives have surfaced in multiple instances. This effort is directed to smoothen the still-persistent wrinkles in the system.

Blockchain Digital Identity (DI), designed by HashCash, digitally authenticates the personnel and thereby grants access rights. This serves to ensure, only designated persons are authorized to access specific containers of the vaccine. This also helps chart the hierarchy for vaccine distribution wherein, again, designated persons in charge may distribute vials to localities.

“The blockchain Digital Identity serves to discipline a whole supply chain of COVID vaccines, where strictly designated individuals may be authorized to distribute a specific number of vials across residential blocks,” explains HashCash Chief and Blockchain pioneer, Raj Chowdhury.

“Maintaining a hierarchy in distribution channels is vital for an organized issuance of vaccine and minimize chaos and panic among the people. The algorithm may be enhanced to deliver a prioritized issuance of vaccines based on population data of a particular region.”

HashCash has previously theorized a blockchain-based Vaccine passport prototype that could be most beneficial at international airports or ports of entry. HashCash has also designed Health passports to maintain a national record of Health and Immunization for citizens from birth to death. This was aimed to revolutionize the health sectors of developing economies.

The HashCash product is aimed at streamlining the performance of the vaccine distribution system in a region. The capacity of the basic structure can be extended to varying lengths based on necessity as emphasized by Chowdhury.

-About HashCash:

HashCash is a global software company. HashCash Blockchain products enable enterprises to move assets and settle payments across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs a US-based digital asset exchange, PayBito & digital asset payment processor, BillBitcoins. HashCash offers custom exchange and payment processor software solutions, ICO services, and customized use cases. HashCash propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash offers solutions in AI, Big Data, and IoT through its platforms, products & services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.

Media Contact

COLEEN F, Hashcash Digest, +14159662907, [email protected]


SOURCE Hashcash Consultants


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The Global Blockchain Identity Management Market is expected to grow by USD 3.58 billion during 2021-2025, progressing at a CAGR of almost 71% during the forecast period


Global Blockchain Identity Management Market 2021-2025 The analyst has been monitoring the blockchain identity management market and it is poised to grow by USD 3. 58 billion during 2021-2025, progressing at a CAGR of almost 71% during the forecast period.

New York, Aug. 02, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Blockchain Identity Management Market 2021-2025” – https://www.reportlinker.com/p05483803/?utm_source=GNW
Our report on the blockchain identity management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for digitalization and the rising spend on IT technologies, and the proliferation of online services and cloud applications. In addition, the rising demand for digitalization is anticipated to boost the growth of the market as well.
The blockchain identity management market analysis includes the end-user and application segments and geographic landscape.

The blockchain identity management market is segmented as below:
By End-user
• Government
• Healthcare
• Others

By Application
• End-point
• Network
• Infrastructure

By Geography
• North America
• Europe
• South America

This study identifies the proliferation of online services and cloud applications as one of the prime reasons driving the blockchain identity management market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on blockchain identity management market covers the following areas:
• Blockchain identity management market sizing
• Blockchain identity management market forecast
• Blockchain identity management market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blockchain identity management market vendors that include Accenture Plc, Amazon.com Inc., Bitfury Group Ltd., BLOCKCHAINS LLC, Broadcom Inc., Civic Technologies Inc., International Business Machines Corp., Oracle Corp., SAP SE, and SecureKey Technologies Inc. Also, the blockchain identity management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05483803/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.


CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001


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