The VeChain Foundation and DNV Assurance have partnered with the Republic of San Marino to issue digital COVID-19 vaccine certificates. Approved by law on June 16, this solution will provide citizens with a digital certificate “in line with European Union standards”. Certificates will be issued via Enterprise Non-Fungible Tokens (eNFTs), a type of digital asset based on the VeChainThor Blockchain. eNFTs are designed to leverage blockchain technology to impact everyday life and enable companies to design products as a package of physical products, activating digital products.
The San Marino Digital Covid Certificate will cover vaccination against Covid-19 and whether a person has been infected in the past or has tested negative for the disease. According to the VeChain Foundation, each certificate will be valid for 1 month and 15 days after the first dose of vaccine. If a person has received the second dose of the vaccine, the certificate will be valid for 9 months. Local authorities will be able to issue the certificate on paper or in digital format according to users’ wishes.
Lorenzo Spadoni, Head of Innovation at San Marino, said:
The San Marino Digital Covid Certificate is an important tool that aligns the country with the technological standards used by the European Union, guaranteeing interoperability and also adding a “universal” certification method based on blockchain technology.
How VeChain Based San Marino Certificate Will Work
The VeChain Foundation said that the certificate will work with two QR codes. It is a system created to comply with international standards approved by the EU, as Spadoni claims. This initial code can only be verified by member state agencies. The second QR code can be verified by anyone. To go through this process, a person can scan the code with “any device” that has access to a web application and there, the certificate can be verified. The VeChain Foundation added:
This is enabled by linking to a Non-Fungible Token (NFT), i.e. a unique and non-repeatable digital certificate of authenticity that guarantees immutability and accessibility by being registered on the VeChainThor public blockchain. As part of the infrastructure supporting this initiative, the partners set up a national information system. Thus, the system supports regulation, verification and enables citizens to access information directly from national electronic health records. VeChain CEO Sunny Lu said:
Shortly after we brought up the idea of corporate NFT, the Digital Covid Certificate sets an excellent example in this industry, a new solution that will help the government gain ground in the fight against COVID-19.
The announcement was celebrated by the Foundation and the VeChain community. One of the members described this partnership as “the largest mainstream adoption of blockchain in recent history.” The user highlighted its importance in terms of adoption and the potential of VeChainThor to host scalable and useful applications. At the time of writing, VET is trading sideways at $0.08 on the 1-hour chart. On the 7-day chart, there is a profit of 11.1%.