Tech in 2021: Blockchain tools to aid in tracking origins of food and medical products

With Covid-19 vaccines being distributed to all corners of the world, digital tools that engender trust in the provenance of the vaccines and other products will be a key area of focus this year.
With Covid-19 vaccines being distributed to all corners of the world, digital tools that engender trust in the provenance of the vaccines and other products will be a key area of focus this year. PHOTO: REUTERS

SINGAPORE - Digital tools that engender trust in food, medical products and vaccine provenance will be one of the key areas of focus this year as Covid-19 vaccines are being distributed to all corners of the world.

Blockchain technology is an example of such a solution and is said to be powering the Fourth Industrial Revolution. It involves the use of decentralised digital databases containing information about transactions or contracts that is unalterable and visible to all in the chain.

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