EOS Costa Rica is leveraging EOS.IO, an open-source blockchain protocol, to deploy Lifebank, an incentive-based healthcare answer for blood donations, to assist remedy a worldwide blood scarcity brought on by COVID-19. Millions of lives are reportedly in danger as medical doctors grapple with social distancing’s impact on donations. Lifebank provides medical doctors a solution to higher handle the blood donation course of, enhance provide chain effectivity and automate rewards for donors.
The coronavirus pandemic is firmly cemented because the second-worst pandemic in U.S. historical past, trailing solely the Spanish Flu. As dying tolls surge, blood provides are quietly evaporating. In March, the Red Cross canceled 2,700 blood drives, leading to 86,000 fewer blood donations – an 80% decline. Now, with greater than 30,000 canceled blood drives by means of June, the remaining blood provide is shortly diminishing.
Now, with the Red Cross reporting lower than two days’ value of blood provides, EOS Costa Rica is leveraging blockchain expertise to current an modern answer to the worsening downside.
EOS Costa Rica co-founder, Edgar Fernandez, defined, “The coronavirus pandemic uncovered a number of problem areas in the healthcare supply chain – one of which being blood donations. To help encourage continued donations, Lifebank connects blood donors to donation centers and local businesses, using smart contracts to provide consent between donation centers and blood donors. Those who donate blood using Lifebank will receive tokens to redeem at local businesses.”
The Lifebank utility, constructed utilizing EOS.IO blockchain expertise, creates a price alternate between eligible blood donors, donation facilities and taking part native companies. Additionally, it streamlines the method of screening and logging viable candidates, and facilitates verifiable human accounts on a blockchain. Bots cannot donate blood.
Placing a premium on person safety, Lifebank donors want solely register with an account identify and password to create an EOS.IO account. Because a person’s blood proves they’re human, there are not any further KYC necessities.
Lifebank just lately received the Block.one “Coding For Change” hackathon, aimed toward addressing the issues and/or anticipated societal modifications associated to the COVID-19 pandemic.
Now, Lifebank is within the operating for a $100,000 equity-free funding through the UNICEF Innovation Fund. The fund provides to supply early stage (seed) financing and mentoring to for-profit expertise startups which have the potential to learn humanity.
UNICEF, Gavi Alliance, The World Economic Forum and several other different international organizations have just lately highlighted blockchain technologies as vital for expediting options for COVID-related points.
Block.one is a software program writer specializing in blockchain applied sciences. EOSIO is Block.one’s first mission.
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EOSIO is a next-generation, open-source blockchain protocol with industry-leading transaction velocity and versatile utility. Introduced in May 2017, it has since been widely known as the primary performant blockchain platform for companies the world over.
About EOS Costa Rica
EOS Costa Rica is a spin-off startup of pioneering firm Sistemas Edenia Internacional S.A., included in 1987 and working as a blockchain infrastructure supplier since 2013. We have proudly been within the forefront of disruption, operating the primary BBS within the nation, launching cell net to Costa Ricans, and now advocating for blockchain’s many property.
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