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Blockchain
Business Fortune
20 December, 2023
South Korea is witnessing a revolutionary application of blockchain technology in the merging of public health and technology. Fighting back against a bedbug outbreak is blockchain developer Kang Jae-gu, 29.
According to cryptocurrency analyst Jamie Coutts, who projects a spike to 100 million daily blockchain users in the near future, this creative strategy aligns with the global trend of blockchain's expanding influence.
Kang is mapping bedbug infections throughout South Korea using a data-driven methodology. He founded bedbugboard.com, an interactive map that indicates the approximate areas of infestations using blockchain technology.
In fact, this endeavor demonstrates how the openness and decentralization that are intrinsic to blockchain technology may be utilized to address public health emergencies. In the meantime, the website has experienced a meteoric rise in popularity, drawing 50,000 visits every day. It is evidence of its worth in offering accurate, up-to-date information.
The way that Seoul has responded to the bedbug infestation is similar to the blockchain's approach to problem-solving, especially in small residential areas like Gosiwon and Jjokbang. Furthermore, the municipal government of Seoul has set aside a sizeable sum of 700 million won ($535,000) to safeguard the inhabitants of housing that is deemed risky.
The solution-focused and flexible characteristics of blockchain technology are also reflected in this proactive approach, according to Coutts, who highlights the technology's widespread adoption regardless of market cycles.
The combination of Seoul's resolute response and Kang's blockchain-driven endeavor draws attention to a larger story. It also represents a time when cutting-edge technologies like blockchain surpass conventional bounds. It can provide concrete answers to real-world issues, supporting Coutts' assessment of blockchain's impending and significant influence.