Hyperchain's February. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China.

The recent outbreak of coronavirus has killed more than than 400 people in mainland China. The entire country and Chinese citizens overseas take been mobilized to donate. But doctors are all the same non getting enough crucial medical supplies. Red Cantankerous Cathay has come nether fire for declining at delivering the urgent supplies to the front line hospitals.

Together with Fuxing Group, Xiongan Group and other well-known enterprises, Hyperchain has prepared to build a platform to ensure the donation process is immutable, traceable and reliable. It will be a transparent portal for information exchange and allows donors to see more thoroughly where their funds or donations are going. It volition provide proof of need and proof of receipt to ensure that the donations reach immediately to the intended party.

Hyperchain, Hangzhou Qulian Applied science Co., Ltd , established in 2022, is a high-tech company that provides technical products and awarding solutions of blockchain. It  specializes in developing the underlying blockchain platform, data sharing and security platform, BaaS platform, supply chain finance SaaS platform and digital testify service platform.

Blockchain is believed to accept a quantum leap after the epidemic

The People's Daily reported on Feb. 4 that the blockchain technology forth with cyberspace, big information and AI volition exist one of the applications that will be implemented to improve administrative functions.

"The modernization of the national governance organization and governance chapters inevitably requires the modernization of government governance system and governance chapters. The modernization of the authorities governance arrangement and governance capacity requires the improvement of the national authoritative organization."

Censorship and lack of transparency has been one of most debated problems during the epidemic outbreak. This has been a wake-upward call as to the need for a more transparent and credible mechanism-based society.