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Matic Announces a Privacy-Centric Coronavirus Tracking App

Blockchain scalability answer, Matic, launched a privacy-focused coronavirus monitoring cellular utility.

In keeping with an April 29 announcement, the brand new app — dubbed Tracy — leverages the Matic community for contact tracing and quarantine administration. The answer additionally makes use of decentralized knowledge storage answer, MóiBit, to retailer delicate knowledge.

Per the announcement, Tracy is the primary blockchain-based answer that was developed for quarantine administration and get in touch with tracing. The appliance is supposed to let customers perceive how possible they’re to have are available in contact with any individual who examined optimistic for the coronavirus.

Matic is a second-layer scalability answer that makes use of aspect chains to maneuver computation off-chain. The answer leverages the Plasma community alongside a community of proof-of-stake validators for asset security.

Matic didn’t reply Cointelegraph’s inquiry by press time.

Blockchain’s relationship with the coronavirus 

Because the world struggles with the continued pandemic, the cryptocurrency and blockchain trade tried to assist deal with the problems and — in some circumstances — capitalize on the disaster. For example, as Cointelegraph reported earlier right now, Block.one — the agency behind the EOSIO software program — just lately invested $50,000 right into a blockchain-based coronavirus monitoring utility.

The Waves-based decentralized trade, Waves.Trade, just lately launched a prediction market permitting customers to wager on whether or not the unfold of the coronavirus pandemic has handed its peak.

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