Opinion | Five ways in which blockchain technology can aid a recovery3 min read 14 May 2020, 11:40 PM IST
It isn’t a silver-bullet solution for all our problems but it’s based on an idea whose time has come
My favourite tweet on blockchain goes something like this: “Blockchain is the answer, now tell me the question?" Fuelled by the unceasing hype around Bitcoin and cryptocurrency, blockchain has been regarded as the silver bullet solution for everything—hacking, threats to democracy, poverty and world hunger. No wonder then, that the moment the covid outbreak became a pandemic with its ensuing lockdowns, blockchain started to be bandied about as the cure that could miraculously bring the world back up on its feet.
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