San Marino gives green light for VeChain eNFT-based vaccination certificates

The San Marino authorities have taken their vaccination drive a step further by approving the use of VeChain’s blockchain solutions for COVID-19 vaccination tracking. According to the report, the authorities will transparently track individual vaccinations through QR codes available on the eNFT certificates.

Blockchain technology deployed

The announcement means blockchain solutions will be employed to solve real-world situations. Additionally, it’s the first time a national government is adopting an eNFT-based program.


Are you looking for fast-news, hot-tips and market analysis?

Sign-up for the Invezz newsletter, today.

Besides, this is also the first-ever national-level eNFT adoption program. VeChain (VET/USD) noted that it will be issuing the COVID-19 vaccination certificates through NFTs running over the veChian Thor public blockchain.

The announcement also pointed out that the solution was approved on Jun 16 via the Decree-Law No. 109. Also, the digital vaccination certificates have international standards. The project sees the collaboration of both VeChain and DNV Assurance, with the latter offering digital assurance for the project.

Each certificate has one-week validity

VeChain Foundation has stated that each of the eNFT certificates will be valid for 1 week, beginning 15 days from the first dose of the vaccine. When the individual completes the vaccination circle with two doses, it increases to 9 months.

Additionally, the certificate can be issued by local authorities in digital format or paper format. Lorenzo Spadoni, President of the San Marino Innovation, commented on the development.

He stated that the digital tool is in line with the technological standards approved by the European Union. Spadoni added that it will ensure total interoperability while using a worldly recognized certification method based on blockchain technology. With blockchain tracking of the entire process, it will bring great transparency, he noted.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker,

eToro







10/10

67% of retail CFD accounts lose money