For Contact Tracing That Preserves Privacy, Focus on Incentives

Distributed Ledger Technology (DLT) Has an Opportunity to Add Value During this Time of Social and Economic Upheaval, and Could Be instrumental in Securing Contact Tracing.

SIMBA Chain is partnering with the Stanford Medicine Healthcare Innovation Lab and Prysm Group to develop an incentive-compatible, privacy-preserving solution that won’t require users to expose their personal data. The solution, which leverages zero-knowledge proof technology to enable privacy protection, retools a secure blockchain messaging system developed for the U.S. Department of Defense, and integrates a disease detection AI algorithm leveraging consumer wearables.

Aside from the technology itself, the decentralized governance structures established by the DLT community provide another path to address COVID-19 induced problems such as contact tracing and adaptive supply chain management as our standard institutions struggle

Read the full article by Stephanie Hurder, a CoinDesk columnist and founding economist at Prysm Group.