Blockchain technology has become a rising trend again with the emergence of applications such as digital money and digital wallets due to COVID-19, and with the use of this technology by China-based technology companies in the fight against the Coronavirus.

When we talk about blockchain technology, we usually think of Bitcoin, which was released in 2009. The use of this technology, which supports cryptocurrencies such as Bitcoin, is actually wider. China-based startup FUZAMEI has announced its philanthropic blockchain-based platform for tracking and managing data. Krypital, which operates as another Blockchain marketing and service company, announced that it has created a new Blockchain-based platform to provide medical material support to prevent the coronavirus epidemic, which was first seen in Wuhan and threatening the whole world. This platform will serve as a donation portal to support central hospitals.

In summary, the blockchain provides a continuous recording of all transactions that take place on an internet network. Although the system looks like a database, instead of a conventional end to the other; by using a decentralized type of ledger, it ensures that all users in this network individually have their own ledger so that they can track every single transaction that takes place. Since every block in the blockchain is encrypted, the system is very difficult to hack. For this reason, it is known as one of the safest technologies today. We need to think of blockchain as the digital world of the future, where every transaction, payment, is defined, verified and recorded.