Blockchain technology become one of the key tools in ensuring privacy of citizens in the context of the COVID-19 coronavirus pandemic. This statement was made by the Minister of Finance of Japan Taro Aso,
On Monday, August 24, Taro Aso gave a welcome speech at the FIN / SUM Blockchain & Business conference in Tokyo. He said that blockchain is one of the technologies that can protect privacy when tracing contacts of infected with coronavirus.
Taro Aso explained that blockchain can provide privacy for everyone who succeeds, as well as give authorities a more accurate assessment of what needs to be done to contain.
The minister added that for progress in this regard, it is necessary to resolve the existing contradictions between the blockchain community and regulators.
It is noted that a limited number of people were able to physically attend the conference in Tokyo. Most of the visitors watched it online.
Recall, according to a study by the Japanese exchange Bitbank, the COVID-19 pandemic is the interest of the country’s residents in cryptocurrencies.