USA: blockchain among key infrastructures for the Covid-19 emergency
USA: blockchain among key infrastructures for the Covid-19 emergency

USA: blockchain among key infrastructures for the Covid-19 emergency

By Marco Cavicchioli - 24 Mar 2020

Chevron down

The US Department of Homeland Security included blockchain technology among the critical and essential infrastructures for the Covid-19 emergency.

According to the official document published by the CISA (Cybersecurity and Infrastructure Security Agency), the President has issued the Coronavirus Guidance for America, a document that lists the critical production sectors, as defined by the Department of Homeland Security, which must continue to remain operational without blockages, limitations or interruptions. 

In this regard, the CISA has drawn up a list of essential critical infrastructures, necessary to guarantee continuity of key functions for health, public safety, and economic security, and the operational roles that must continue to work. 

Among these roles, blockchain managers have also been included in the section dedicated to Food and Agriculture infrastructure. 

“Employees and firms supporting food, feed, and beverage distribution, including warehouse workers, vendor-managed inventory controllers and blockchain managers”.

The list of sectors defined as essential and strategic was then also shared on Twitter by the official profile of the Department of Homeland Security. 

In light of this, blockchain operators cannot stop operating, not even where there is already a lockdown in the United States, because their role within the agricultural and food supply chain has been considered essential. 

Moreover, it has probably also been considered necessary for the proper functioning of logistics, and in particular of the various supply chains. 

Furthermore, the US government also received a suggestion from the CEO of Binance US, Catherine Coley, to use stablecoins to provide money directly to citizens. 

Coley imagines a way to financially support American citizens, through universal payments or basic income. However, this should be done online only and exclusively, so that people don’t have to physically move around in order to collect these funds, which is a sterile, efficient and accessible distribution. 

That is why she proposes to use stablecoins, so that transactions can also be traced publicly and immediately. 

In addition, since these transactions are blockchain transactions, they cannot be counterfeited and, thanks to smart contracts, they can also be programmed over time. 

To date, however, there is still no official statement from the US government on this point.

Marco Cavicchioli

Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. He founded and the Facebook group" Bitcoin Italia (open and without scam) ".

We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.