ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 10th August. Click Here for more information.
Facts:
- BelYo: It is the country’s first COVID-19 blockchain platform that converts COVID-19 related clinical and vaccination data of citizens from physical form into digital assets which can be retrieved by contact tracing apps like Aarogya Setu.
- Developed by: BelfricsBT, a global blockchain start-up along with IlIT Bangalore.
Additional Facts:
- Blockchain Technology: It is a digital, immutable, distributed ledger that chronologically records transactions in near real time.It is managed by a cluster of computers and not owned by any single entity; therefore, it is decentralized.