Close Menu
    • Digital Transformation
    • Open Banking
    • Funding
    • Remittance
    • Regtech
    • Hong Kong Fintech Report
    • HK Fintech Startup Listing
    • China
    • Taiwan
    • Submit Press Release
    Facebook LinkedIn X (Twitter) YouTube RSS
    • About
      • About Fintech News Network
      • Contact Us
      • Work With Us
    • FNN Media Kit
    • Fintech Newsletter
    • Submit Press Release
    • Submit
      • Submit Press Release
      • Submit Startup
      • Webinar Inquiry APAC
    • HK Fintech Startup Directory
    Fintech Hong Kong
    part of Fintech News Network

    Fintech News Network

    LinkedIn Facebook X (Twitter) Instagram YouTube TikTok RSS
    Free Newsletter
    • Payments
    • Blockchain
    • Wealthtech
    • Virtual Banking
    • InsurTech
    • Lending
    • Report
    • Fintech Events
    Fintech Hong Kong

    Fintech News Network

    Home»Blockchain/Bitcoin»A Mask Inventory System on Blockchain is Being Deployed to Fight Coronavirus in Taiwan
    Blockchain/Bitcoin Taiwan

    A Mask Inventory System on Blockchain is Being Deployed to Fight Coronavirus in Taiwan

    Company AnnouncementCompany AnnouncementFebruary 15, 20202 Mins Read
    LinkedIn Facebook Twitter Telegram Copy Link Email
    FiO Uses Blockchain to Fight Coronavirus in Taiwan
    Share
    LinkedIn Facebook Twitter Telegram Copy Link Email
    Free Newsletter

    Get the hottest Fintech Hong Kong News once a month in your Inbox

    Taiwan’s concern in response to the 2019-nCoV Coronavirus outbreak has forced its local authorities to strictly ration the distribution of surgical masks and alleviate manpower shortages in repackaging bulk supplies through the help of volunteers. To facilitate this daunting logistical process, authorities created two open projects in a collaboration with the private sector, involving the likes of SaaS-blockchain enterprise FiO.

    With only 4 million surgical masks stockpiled for a population of 23 million, Taiwan’s Central Epidemic Command Center (CECC) has implemented a strict rationing system, allocating a mere 2.6 million masks for residents. To receive a maximum of two masks per week, residents need to sign up for a tracking system and present their National Health Insurance (NHI) cards upon purchase at one of Taiwan’s 6000 affiliated drugstores.

    Teaming up with Taiwan’s Google Developers Group (GDG), FiO staff volunteered to help the local authorities and the GDG build a mask inventory system and logistical infrastructure that tracks the distribution and quantities of masks to the drugstores. FiO has indicated that it intends to create an AI-driven blockchain for the inventory system if given the go-ahead. This will make the system’s data records immutable, cut costs and reduce the need for human labor.

    FiO further showcased its platform’s flexibility and speed by assisting Taiwanese residents to volunteer in helping inundated pharmacies, the majority of them small “mom-and-pop” stores, repackage large quantities of government-issued masks into dual-pack rations for consumers. FiO senior engineer Joe Huang helped create a map-based filtering system, which identifies nearby pharmacies carrying stock, within only 2 hours.

    FiO’s quick and vital technical contribution to the containment of the coronavirus is one of many practical applications that the SaaS company’s versatile blockchain platform has to offer. Developed in partnership with IBM, FiO uses its Hyperledger Fabric modular blockchain framework to create Middleware technology that connects conventional operating systems and databases with network-based applications. This allows FiO customers to build problem-solving blockchain applications in a very short time with little to no technical skills.

    According to the company, FiO plans to roll out similar solutions in Hong Kong and Singapore to help the public and restore confidence in its local authorities’ ability to protect them from the coronavirus.

     

    Featured image credit: Unsplash

    WebinarHow Fintechs Can Thrive in the Age of AIParticipate
    Share. LinkedIn Facebook Twitter Telegram Copy Link Email

    Author

    Avatar photo
    Company Announcement

    This is a submited Company Announcement/Press-Release. You can submit your own here

    Related Posts

    First Digital Plans Nasdaq Listing at US$250 Million Valuation

    October 8, 2026

    SBI to Form Japan Digital Asset Joint Venture for 2026 Launch

    October 8, 2026

    Hong Kong Targets Year-End for Wider Virtual Asset Licensing Bill

    October 7, 2026

    HKMA and BNM Expand Fintech Ties With Cross-Border Stablecoin Push

    October 7, 2026

    HSBC Names Hong Kong Stablecoin ‘RedCoin’ Ahead of Payments Rollout

    September 30, 2026

    Visitors to Japan Can Now Use Binance Pay at PayPay Merchants

    September 30, 2026

    Mizuho Trials On-Chain Cross-Border Payments With UBS via Swift

    September 29, 2026

    Citi Token Services Expands to Japan and UAE

    September 29, 2026
    Security Sponsored Post

    Who Raises the Alarm, If Synthetic Identity Fraud Has No Victim?

    September 25, 2026
    Fintech Hong Kong Newsletter
    Subscribe to the most important Fintech Hong Kong News
    Follow Us
    • LinkedIn
    • Facebook
    • X / Twitter
    • Instagram
    • YouTube
    • TikTok
    Blockchain/Bitcoin Security Sponsored

    Thales Maps Out a Complete Institutional Digital Asset Security Framework

    Izzat Najmi AbdullahAugust 24, 2026
    Featured Fintech Webinar

    Featured Fintech Reports

    LexisNexis Solutions

    Featured Fintech Event

    Hong Kong FinTech Week and StartmeupHK

    Featured Webinar Replay

    Is BNPL The Greatest Evil?

    Featured Fintech Videos

    Is BNPL The Greatest Evil?

    TNG Digital

    Hong Leong's New Card Is Forged in Fire And You Can't Apply for It

    Hong Kong Fintech Report

    Hong Kong Fintech Report 2025

    Whitepapers & E-Books
    State of Digital Trust: AI Governance Benchmark
    State of Digital Trust: AI Governance Benchmark
    Sumsub
    Upcoming Fintech Events
    Country
    Webinar: How Fintechs Can Thrive in the Age of AI
    October 21, 2026
    Featured Online
    Fintech Taipei 2026
    October 23, 2026
    -
    October 24, 2026
    Taiwan
    -
    Taipei
    Hong Kong FinTech Week x StartmeupHK 2026
    November 2, 2026
    -
    November 6, 2026
    Hong Kong
    Featured
    Cosmoverse 2026
    November 5, 2026
    -
    November 6, 2026
    Hong Kong
    Asian Banking & Finance and Insurance Asia Summit – Hong Kong
    November 5, 2026
    Hong Kong
    -
    Tsim Sha Tsui
    Promote Event View More
    FINTECH RESOURCES

    Navigations
    • About Fintech News Network
    • Contact Us
    • Media Kit
    • Work With Us
    • Fintech Hong Kong Newsletter
    • Submit a Fintech Hong Kong Press Release
    • Fintech Events Hong Kong & China
    • Fintech HK Startup Report
    • Submit Your HK Fintech Startup
    • Privacy Policy / Disclaimer
    Other Fintech News Network Publications
    Fintech News Hong Kong
    Fintech News Singapore
    Fintech News Malaysia
    Fintech News Philippines
    Fintech News Network Indonesia
    Fintech News Network Australia
    Fintech News Switzerland
    Fintech News Baltic
    Fintech News Nordics
    Fintech News America
    Fintech News Middle East
    Fintech News Africa
    Get Informed

    Subscribe to Updates

    Subscribe to the most important Fintech Hong Kong News

    LinkedIn Facebook X (Twitter) YouTube RSS
    • About Fintech News Network
    • Contact Us
    • Media Kit
    • Work With Us
    • Fintech Hong Kong Newsletter
    • Submit a Fintech Hong Kong Press Release
    • Fintech Events Hong Kong & China
    • Fintech HK Startup Report
    • Submit Your HK Fintech Startup
    • Privacy Policy / Disclaimer
    © 2015 - 2026 Copyright Finanzpro GmbH. All Rights reserved.

    Type above and press Enter to search. Press Esc to cancel.