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University Of Hong Kong Expert Claims Blockchain And AI Could Help Tackle Coronavirus
Summary: An academic at the University of Hong Kong believes that blockchain and AI-driven strategies would allow for better tackle responses to the coronavirus epidemic. Syren Johnstone, executive director of the master in laws (compliance and regulation) program at the University of Hong Kong, posted on the Oxford University Faculty of Law Department blog on Feb. ...
An academic at the University of Hong Kong believes that blockchain and AI-driven strategies would allow for better tackle responses to the coronavirus epidemic.
Syren Johnstone, executive director of the master in laws (compliance and regulation) program at the University of Hong Kong, posted on the Oxford University Faculty of Law Department blog on Feb. 5, discussing how blockchain and AI technology could deal with China’s charity problem.
China currently has five government-backed charity organizations, which are hindered in their ability to channel donations effectively for crisis response because during the crises they “struggle to manage their core responsibilities,” a problem which is only made worse through Beijing’s centralized approach.
A blockchain-based solution would allow for transparent recording and tracking of all donations and make it feasible to hold persons or entities accountable. Johnstone says that mismanagement would be greatly diminished with increased public visibility and we could improve public trust in the system by ensuring donors have more oversight and control over their contributions.
By Ramsey Baker
Tags: AI,Blockchain,Coronavirus,university of hong kong
Link: University Of Hong Kong Expert Claims Blockchain And AI Could Help Tackle Coronavirus [Copy]
