The polarizing effects of COVID-19 have a new lightning rod in fake vaccination cards. But one Canadian company thinks they can end that with a blockchain-enabled solution.
Liquid Avatar (Liquid Avatar Stock Quote, Chart, News, Analysts, Financials CSE:LQUID) today announced the release of the Liquid Avatar Verifiable Credential Ecosystem (“LAVCE”) which the company says will be first available in Canada. The company says it will “provide true blockchain-enabled, W3C compliant, digital identity-verified COVID-19 testing confirmation with Ontario licensed laboratory healthcare verification organization, Vector Laboratories (“Vector Labs”).”
Liquid Avatar management said the solution can be paired with existing testing facilities.
“We all need to find a safe way through the pandemic together,” Liquid Avatar CEO David Lucatch said, adding: “one that works for people by respecting their privacy, and one that works for government, healthcare, and business by providing the trust and certainty that a test result or vaccination is valid.”
“Decentralized identity is the safest way forward for proving any kind of test result: It’s easy to implement, easy to use, and flexible to accommodate any situation, including the need for repeated testing and updated standards and rules,” Lucatch continued. “It’s also a privacy and security gamechanger, because there’s no need for a third party to access private health data to prove a test result is valid and from a trusted source. That’s huge. That solves the compliance problem. We have worked diligently to develop this solution with licensed health care testing laboratories, companies, partners, and organizations that are at the forefront of the data privacy revolution, and we’re excited to be the first to give Canadians a technology that will serve their needs and help to support people getting back to their normal lives and beyond.”
NBC news this week reported that a “cottage industry” has sprung up to sell fake vaccination cards. Benjamin Mason Meier, a global health policy professor at the University of North Carolina at Chapel Hill, said the system is currently set up to fail.
“The United States, unlike most countries which have electronic systems in place, is basing its vaccination on a flimsy paper card,” he said. ““There need to be policies in place for accountability to make sure that every student is operating in the collective interest of the entire campus.”
At press time, shares of Liquid Avatar on the CSE were even at $0.125.
Below: Liquid Avatar CEO David Lucatch talks to Cantech Letter.
Disclosure: Liquid Avatar is an annual sponsor of Cantech Letter.
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