CENTOGENE and Ubirch Create Secure Blockchain Solution for the Successful Fight Against COVID-19 Nasdaq:CNTG

ROSTOCK, Germany and COLOGNE, Germany, April 17, 2020 (GLOBE NEWSWIRE) — CENTOGENE (Nasdaq: CNTG), a commercial-stage company focused on rare diseases that transforms real-world clinical and genetic data into actionable information for patients, physicians, and pharmaceutical companies, and the Cologne-based blockchain start-up Ubirch today announced a joint solution for the successful fight against the effects of SARS-CoV-2 ─ the virus causing COVID-19 ─ on the economy and social life in Germany. In the future, SARS-CoV-2 test results will be stored on the blockchain and can be retrieved at any time ─ serving as a virtual certificate of immunity to the virus. This could considerably accelerate the return to normalcy for our society and the economy.

The current contact restrictions in Germany cannot be upheld until a Coronavirus vaccine is ready for market, which has major consequences on the economy and the ability for individuals to move about freely. As it is projected that the novel virus will continue to pose a threat to society for the foreseeable future, systems will have to be adapted to include more stringent controls, increased testing efforts, the tracing of infection chains, and the isolation of potentially infected individuals as well as risk groups. In the coming weeks and months, it will likely be required for individuals to demonstrate a verified status of whether they are positive for SARS-CoV-2, or not. Such requirements are expected to apply to international flights and working in critical areas. This will be even more applicable once antibody tests are established, which will serve as reliable proof of immunity to the virus. The solution focuses on GDPR conformity: According to the highest data protection standards, user data is only stored as hash values on the blockchain and cannot be interpreted without user authorization.

CENTOGENE and Ubirch have joined forces to provide a readily available and secure solution that best…

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