{"id":27610,"date":"2020-08-24T10:13:03","date_gmt":"2020-08-24T07:13:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27610"},"modified":"2025-08-26T22:02:08","modified_gmt":"2025-08-26T19:02:08","slug":"japans-finance-minister-blockchain-could-protect-privacy-of-those-infected-with-covid-19","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/japans-finance-minister-blockchain-could-protect-privacy-of-those-infected-with-covid-19\/","title":{"rendered":"Japan’s finance minister: blockchain could protect privacy of those infected with COVID-19"},"content":{"rendered":"

Blockchain technology could become one of the key tools in protecting citizens’ privacy in the face of the COVID-19 pandemic, said Japan\u2019s Finance Minister Taro Aso, writes Cointelegraph<\/a>.<\/p>\n

On Monday, 24 August, Taro Aso delivered a keynote at the FIN \/ SUM Blockchain & Business conference in Tokyo. He said that blockchain is one of the technologies able to protect privacy in tracing contacts of those infected with the coronavirus.<\/p>\n

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“In the fight against widely spread infectious diseases, blockchain could be one of the solutions for contact tracing,” he said.<\/p>\n<\/blockquote>\n

Aso explained that blockchain could safeguard confidentiality for all those whose positive result, as well as give authorities a more precise assessment of what needs to be done to curb the spread of the virus and prevent future outbreaks.<\/p>\n

The minister added that progress in this regard requires resolving the existing tensions between the blockchain community and regulators.<\/p>\n

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“Some members of the blockchain community may still be hostile toward regulators, arguing that they could hinder innovation because of a lack of understanding of the technology. We need to work together and find the best application of the technology with better governance,” he said.<\/p>\n<\/blockquote>\n

In-person attendance at the Tokyo conference was limited. The majority of attendees watched it via online livestream.<\/p>\n

As noted in a study by Bitbank, a Japanese exchange, the COVID-19 has weakened<\/a> residents’ interest in cryptocurrencies.<\/p>\n

Follow ForkLog’s news on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Blockchain technology could become one of the key tools for protecting citizens\u2019 privacy during the COVID-19 pandemic, said Japan\u2019s Finance Minister Taro Aso, according to Cointelegraph.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1863,135],"class_list":["post-27610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-coronavirus","tag-japan"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27610"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27610\/revisions"}],"predecessor-version":[{"id":27611,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27610\/revisions\/27611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}