Student’s Full name:
Professor’s Name
Finance
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Blockchain Design Report: Vaccine Certificates
Problem Statement
Travelers find it challenging to negotiate the various rules and regulations because there
isn't a uniform and regulated method for confirming immunization evidence that satisfies the
requirements of various countries.
Following times of travel bans and lockdowns brought on by the COVID-19 epidemic,
many nations are now welcoming tourists. However, many nations now demand tourists show
legitimate proof of vaccination or proof of discharge from COVID-19 before the entrance to stop
the virus from spreading. The norms and criteria for these proofs may vary from one nation to
the next, making it difficult for travelers to understand and guarantee conformance. The World
Health Organization states that "to support the re-opening of borders and resumption of travel on
a larger scale, there is a need for a globally recognized proof of COVID-19 vaccination" (World
Health Organization).
Inaccuracies, fraud, and inconsistencies can occur during the present process of
validating vaccination evidence because there is no centralized method for confirming the
legitimacy of vaccination records. Delays, complications, and possible health dangers for both
tourists and locals can result from this. Therefore, there is an urgent need for a global and
seamless solution that is safe, tamper-proof, and uniform across nations for validating
vaccination evidence.
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How blockchain will solve the problem(s)
A decentralized, private, and tamper-proof method of storing and verifying immunization
data is made possible by blockchain technology. A uniform and standardized method for
confirming vaccination proofs can be developed using blockchain, making it simple for visitors
to check their vaccination status in various nations.
By establishing a safe, impenetrable system that is available to everyone, blockchain
technology can address the problems associated with validating vaccination data. The ability of
blockchain to establish a global record system that is open, immutable, and impervious to
manipulation is one of its key characteristics. Countries can make sure that immunization records
are precise, current, and unchangeable by establishing a blockchain-based system for validating
them.
Additionally, blockchain can enable the safe exchange of immunization records between
nations and organizations while upholding data security and privacy. Without the aid of
middlemen or centralized authorities, people can take charge of their health data using
blockchain and share them with those who need to know.
Blockchain for immunization record verification is already being investigated by some
nations and groups. For instance, the European Union has suggested a blockchain-based digital
green certificate system that utilizes vaccination records and COVID-19 test findings as its
primary means of verification (European Commission). Similarly to this, the US state of New
York is verifying COVID-19 test findings and vaccination data using blockchain-based software.
(State of New York).