Post
Topic
Board Economics
Re: How can the corona virus end Faster and economy reopen
by
avikz
on 26/04/2020, 17:07:17 UTC
You can say in more detail why blockchain technology can repel this dangerous disease caused by new virus strain Corona. I only know that  scientists specialized in microbiology can develop vaccines to prevent this virus for the world community. And it will take at least a year for the vaccine to become available for this new strain. That will create a new global economic crisis.

According to the WHO report, there are six corona vaccines that have been registered. Three of them came from Chinese laboratories. Three vaccines from outside of China plus 1 vaccine from China are still being processed in stage 1. While two vaccines from China, one is undergoing stage 2 while the other one has completed stage two and is ready to be produced. considering stage three is a precautionary measure by comparing with similar vaccines for the same disease. Considering that there is no corona vaccine yet and because of the pandemic clause the three stages maybe skip. The rest is just a permit for marketing authorization.
https://www.scmp.com/news/china/society/article/3080929/coronavirus-clinical-trial-begins-third-vaccine-candidate-china

That's the only ray of hope right at this moment. Even Oxford university has started human trials of their own vaccine.

https://www.genengnews.com/news/uk-starts-oxford-coronavirus-vaccine-trial-as-germany-green-lights-clinical-trial-for-biontech-and-pfizer/

Currently, only Plasma transfusion was proved fruitful against this virus. But the way it is ongoing, it seems like the virus is going to stay for long. Some specialists predicted that the virus will show its presence up to October this year before slowing down. We can't really do much about it. But we will have to adopt a new way of living post this pandemic.

But one thing is definitely going to happen. We will see a fresh surge in e-com businesses around the world. People will be more interested in buying from the comfort of home instead of going out. So there will be new opportunities opening up for the IT and logistics professionals in the near future. But these are all we are assuming tight at this moment. Let's just hope for the best for the humanity!