As the world continues to fight a pandemic that seemed to have no end, a tech startup that offers blockchain technology to travel and e-commerce industries, launched an anonymous contact-tracing app that comes with an e-passport designed as a tool to aid the global tourism industry crippled by the outbreak.
The most vulnerable sector that was badly beaten by travel bans, lockdowns, and restrictions on gatherings by the government worldwide are those that operate under the tourism industry. In an initiative to revive an economy that is in turmoil, ShareRing, a tech startup, introduced a blockchain technology that could help address two key issues concerning the contract tracing applications, scalability, and privacy concerns.
In a statement shared by the company to CryptoSlate, the start-up tech’s possible solution on these identified issues is blockchain technology, because it ensures data privacy. The app itself will be a good source of information on travel insurance companies, airlines, hotels, and retail shops as it will work as an electronic passport that will be linked to the e-visa on the arrival system; this will enable app users to upload important documents, passport information, travel insurance details, accommodation information, and a negative COVID-19 test; these documents are collectively called “proof of health” which is vital to countries with strict rules and regulations. ShareRing made clear that sensitive identity information is never stored on the blockchain, which is not prone to any forms of alterations and prevents falsification and fraud.
This blockchain-focused company may still be new in the industry, but it already has a strong following of 2.6 million hotel and activity providers around the world using its services. This new project may provide viable solutions on the real issues we face right now, but the real challenge lies in how the government will integrate this app into its system. Tim Bos, CEO of ShareRing, mentioned to Cointelegraph the complexity of getting governments on board with using a blockchain-based tracing solution even though the technology has been developed.