Coronavirus Clearance Certificate to use blockchain technology to fight disease
Birmingham City University Business School is developing a Coronavirus Clearance Certificate (CCC) based on blockchain technology, the world's first digital safety certificate to protect consumers against the deadly coronavirus.
CCC will enable companies to manage against risk of the virus within their supply chain. It will be initially trialled in The Midlands, a region which has been heavily affected by Covid-19 in the UK..
Blockchain technology is already used by online retail giant Amazon, computer firm IBM, food manufacturer Nestle and others to track the movement of safe goods around the world.
Olinga Taeed, Visiting Professor of Blockchain at Birmingham City University, said: "Consumers will demand in future that suppliers do everything in their power to avoid risk from Covid-19. People want to use goods and services, safe in the knowledge that there is no risk to themselves or others. For example, if you buy a hand sanitiser you want to be sure it can do what it says on the label. The Coronavirus Clearance Certificate is a game-changer because it uses reliable blockchain technology to transparently track the life cycle of products and thereby build assurance."
Prof Nassim Belbaly director of BCU’s Business School said: "For supply chains, coronavirus represents a crisis of trust because we cannot any longer automatically trust our goods or suppliers. However, the digital CCC is independently verified and can be issued to organisations, products, and even people that take appropriate steps to manage the risk from coronavirus. I am proud that BCU is able to contribute in this way at this time of great crisis."
The initiative is the first to emanate from a newly launched CCEG-BCU 4IR Centre, which is joint initiative between Birmingham City University (BCU) and the non-profit Centre for Citizenship, Enterprise and Governance (CCEG). The certificates will be issued by The Transnational Transparent Procurement (TTP) Foundation, a partner-organisation of CCEG.
Professor Taeed says blockchain is an effective compliance tool for the future of logistics, procurement and purchasing because: “It confirms that a supplier adheres to highest standards of public health, sustainability, anti-bribery and even modern slavery. And in this case we can verify the level of supply risk due to the coronavirus. It represents the future of supply chain management."
The CCEG was formed in 2013 to act as a standards body to curate the Social Earnings Ratio, a globally recognised metric used by governments and other organisations to measure the social value of an economic activity.
The CCEG is an international think tank with 165,000 members that develops impact based social instruments combining Blockchain, Artificial Intelligence, Internet of Things and 5G.