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Blockchain can tackle supply chain failures exposed by Covid-19, boost economic recovery: WEF

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NEW DELHI/GENEVA : Blockchain technology can help tackle supply chain failures exposed by the Covid-19 pandemic and also boost the economic recovery process, the World Economic Forum (WEF) said on Tuesday.

Releasing a 'blockchain deployment toolkit' to help organisations improve future pandemic preparedness and accelerate an economic rebound post COVID-19, Geneva-based WEF said it is aimed at helping leaders maximise the benefits and minimise the risks of the technology.

The WEF, which describes itself as an international organisation for public-private partnership, said crises such as the coronavirus pandemic dramatically increase pressure on governments and businesses to maintain resilient supply chains. "The pressure created by the

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