• Contact Us
  • Privacy Policy
Friday, February 26, 2021
BitcNews21
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Atcoin
  • Blockchain
  • Regulation
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Atcoin
  • Blockchain
  • Regulation
No Result
View All Result
BitcNews21
No Result
View All Result

German government reviews digital vaccination passport based on IOTA

February 23, 2021
in Crypto News
Reading Time: 3 min
585
SHARES
3.2k
VIEWS
ShareShareShareShareShare

  • The German government is considering introducing the Ubirch-developed and IOTA-based digital vaccination passport, which has been piloted in the Altötting district.
  • A decision could be made as early as this week.

As Business Insider Germany reported today, the digital proof of vaccination developed by Ubirch could soon be used throughout Germany. About a month ago, it was announced that the district of Altötting in Bavaria had launched a pilot project for a digital proof of vaccination based on the IOTA Tangle and four other blockchains, developed by Cologne-based Ubirch.

Government sources have now told Business Insider that the Altötting project may be on the shortlist for Germany and possibly all of Europe.

You might also like

FCA releases detailed 5-point plan to make UK a fintech powerhouse

Ethereum below $1,300? Here’s why it’s possible

Reasons for Bitcoin’s dip below $45,000

IOTA-based vaccination passport on the shortlist?

According to the information available to Business Insider, the German government is currently considering the introduction of a digital vaccination passport so that operators of “restaurants or gyms could only grant access to those who have been vaccinated. There could be a decision this week,” Business Insider has learned from government sources.

The sources are from the Federal Ministry of Health and the Federal Ministry of the Interior, which are looking into a nationwide rollout of a digital vaccination passport.

The plan: those who receive such a card would still be subject to Corona rules. But if, for example, restaurants or gyms are allowed to reopen, operators would be able to grant access only to those who have been vaccinated.

The model, as reported by the news portal, is said to be “a corresponding check card in the Bavarian district of Altötting (112,000 inhabitants).” The digital passport is “voluntary” and is issued free of charge to interested people after the second vaccination.

The name, date of birth, place of residence and photo of the vaccinated person, vaccine and the two vaccination dates are stored on it in encrypted form. If the vaccinated person scans the QR code, they can store the data on their smartphone. The system is tamper-proof, the county says.

However, Business Insider also reports that there is a big problem with Ubirch’s technology: a “lack of compatibility of the Altötting system with other European states.” A solution, however, is already in the works, the sources said:

A solution would be needed here, but one is being worked on. There may already be a decision on this within the federal government this week. There may be a short competition to find the best solution.

Whether Ubirch will participate in this competition remains to be seen. In any case, the company’s solution seems to have made it all the way to Berlin, and with it, IOTA. As CNF reported, Ubirch relies on 5 public blockchains to anchor the information of Ubirch’s FastChainer service: IOTA, Ethereum, Ethereum Classic and the Ethereum-based blockchains “Bloxberg” and “govdigital”.

However, with Ethereum facing huge “congestion issues” and high fees, IOTA seems to be the best choice. Speaking to CNF, a spokeswoman for Ubirch said that the company uses the IOTA Tangle because it “demonstrates high scalability and can be used without transaction costs.” This last factor, she said, was the deciding factor in the company’s choice. Furthermore, the company stated:

For Ubirch, the IOTA Tangle is characterized primarily by the comparatively high transaction rate and non-incurring transaction costs. Depending on the maximum transaction rate and transaction costs of the blockchains used, Ubirch anchors into the connected blockchains with varying frequency.


Credit: Source link

Share234Tweet146SendShare41Pin53
Previous Post

Pre-trial conference brings out a ‘bombshell’

Next Post

Join the most awaited ICO of the year and get your ticket to the crypto world

Related Posts

Crypto News

FCA releases detailed 5-point plan to make UK a fintech powerhouse

February 26, 2021
Crypto News

Ethereum below $1,300? Here’s why it’s possible

February 26, 2021
Crypto News

Reasons for Bitcoin’s dip below $45,000

February 26, 2021
Crypto News

1Inch DeFi Exchange Moves To Binance Smart Chain: Report

February 26, 2021
Crypto News

Kraken Negotiates New Capital Raise Valued At $10 Billion: Report

February 26, 2021
Next Post

Join the most awaited ICO of the year and get your ticket to the crypto world

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Fake Banksy Art Netted Over $1 Million In ETH From NFT Sale

February 21, 2021

DeFi protocols’ revenues

February 24, 2021

Don't miss it

Blockchain

India Proposes Crypto Ban, But Wants CBDC

January 31, 2021
Crypto News

XRP Investors Are Betting On Favorable Hearing Outcome

February 23, 2021
Regulation

Ren: Cross-Chain Swaps

January 29, 2021
Regulation

Tencent and Ant-backed banks are said to pilot China’s digital yuan

February 22, 2021
Crypto News

Crypto Criminals Made $5 Billion Less In 2020 As Scam Revenue Drops

February 17, 2021
Blockchain

Transaction Fees on Ethereum Rise As ETH Reaches New High

February 5, 2021

About

This is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!

What’s New Here!

  • FCA releases detailed 5-point plan to make UK a fintech powerhouse
  • Ethereum below $1,300? Here’s why it’s possible
  • BTC/USD Slumps Below $45,000, Price May Drop More

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy

© 2020 bitcnews21.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
  • Atcoin
  • Blockchain
  • Regulation
  • en English
    zh-CN Chinese (Simplified)en Englishja Japanese

© 2020 bitcnews21.com - All rights reserved!

  • bitcoinBitcoin(BTC)$47,170.00-7.58%
  • ethereumEthereum(ETH)$1,521.23-7.38%
  • cardanoCardano(ADA)$1.135.10%
  • Binance CoinBinance Coin(BNB)$227.85-11.02%
  • tetherTether(USDT)$1.00-0.38%
  • PolkadotPolkadot(DOT)$31.54-8.34%
  • rippleXRP(XRP)$0.437070-7.50%
  • litecoinLitecoin(LTC)$177.42-10.94%
  • chainlinkChainlink(LINK)$25.99-7.48%
  • bitcoin-cashBitcoin Cash(BCH)$491.31-9.53%
en English
zh-CN Chinese (Simplified)en Englishja Japanese