Proof-of-stake cryptocurrency platform Algorand has created a global survey intended to compile an open database on the spread, status, and symptoms of the COVID-19 pandemic.
On March 27, the company tweeted that its ‘IReportCovid’ survey app will contribute to a global data repository that updates in real-time to inform about pandemic relief efforts.
In a blog post, Algorand states the initiative seeks to address the lack of real-time data about the pandemic coming from individuals in the community. Survey responses are publicly posted to the Algorand blockchain to allow permanent open access to the data.
Respondents are not able to change or remove the information that they share and are encouraged to repeatedly update their answers as their condition changes. As such, individuals who do not have the virus are encouraged to participate and update their answers if their status changes.
The survey asks for basic information — such as age, gender, and location, in addition to confirming if respondents have exhibited or been tested or treated for COVID-19, and whether they have entered into self-isolation.
Algorand will publish aggregate statistics and launch tools for analyzing the database as data is compiled from the survey. Dr. Tal Rabin, the head of research at the Algorand Foundation, emphasizes that “the need for information is one of the key requirements in the fight against the coronavirus pandemic.” He added:
“Very little information is coming directly from the people in the community. I hope more people in the world will respond to the questionnaires in our app so that we can gather meaningful information.”
Algorand’s survey comes amid an increasing number of coronavirus relief campaigns engineered by major players within cryptocurrency.
On March 25, Cointelegraph reported that Binance Charity had launched a global fundraising campaign to distribute medical supplies across the nations hardest hit by coronavirus. Binance exchange opened the initiative with a $1 million donation, and will match a further $1 million in public donations.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 75.6% | 43 | $70 446.49 | 0.19% | 6.13% | $1 385 491 335 140 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 72% | 50 | $3 571.68 | 0.09% | 1.26% | $428 853 757 674 | ||
3 | USDT | Tether predictions | 96% | 1 | $0.999976 | 0.04% | 0.01% | $104 501 794 862 | ||
4 | BNB | Binance Coin predictions | 60% | 81 | $607.91 | 3.41% | 4.09% | $90 904 311 685 | ||
5 | SOL | Solana predictions | 56.8% | 88 | $186.46 | 0.03% | 3.47% | $82 864 295 628 | ||
6 | XRP | XRP predictions | 83.6% | 28 | $0.618435 | -0.41% | -1.96% | $33 942 350 043 | ||
7 | USDC | USD Coin predictions | 92.8% | 2 | $0.999844 | -0.02% | -0.01% | $32 486 085 137 | ||
8 | DOGE | Dogecoin predictions | 66% | 66 | $0.216926 | 8.05% | 32.96% | $31 164 215 716 | ||
9 | ADA | Cardano predictions | 67.2% | 66 | $0.646149 | -0.10% | 1.01% | $22 992 326 392 | ||
10 | AVAX | Avalanche predictions | 60.8% | 87 | $53.97 | -1.04% | -3.36% | $20 368 345 205 | ||
11 | SHIB | SHIBA INU predictions | 55.2% | 94 | $0.000031 | 1.20% | 10.29% | $18 332 591 321 | ||
12 | TON | Toncoin predictions | 56.4% | 87 | $4.87 | -0.27% | 10.84% | $16 900 246 295 | ||
13 | DOT | Polkadot predictions | 74.4% | 49 | $9.53 | 0.20% | 2.19% | $13 598 473 913 | ||
14 | BCH | Bitcoin Cash predictions | 72.4% | 58 | $580.98 | 5.83% | 39.75% | $11 434 923 597 | ||
15 | LINK | Chainlink predictions | 76% | 42 | $19.06 | -2.15% | 3.17% | $11 187 650 311 |
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