On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic’s end — as the virus continues to rage in the United States and Europe — once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Some predicted, after all, that the global healthcare upheaval might provide a perfect storm for worldwide blockchain adoption. A Harvard Business Review article from April titled “How the Pandemic Is Pushing Blockchain Forward,” for instance, notes:
“The virus has revealed the weaknesses in our supply chains, our inability to deploy resources where they are most needed to address the pandemic. […] Blockchain solutions that have been under development for years have been repurposed and unleashed to address these challenges.”
Will decentralization go on?
The world was moving toward a more decentralized economic structure even before the coronavirus pandemic, but the crisis — with its