Centralized data management hampered the global response to COVID-19 By Cointelegraph

Centralized data management hampered the global response to COVID-19 By

Centralized data management hampered the global response to COVID-19

The COVID-19 outbreak, just like any other black swan event before it, revealed systemic weaknesses in a wide variety of industries and processes. With the information age now in full swing, this particular event emphasized the critical importance of data management, and it highlighted the failure of status quo data management systems.

In terms of the global response to the pandemic, the consequences of poor data management range from exacerbated shortages to unnecessarily long medicine development times, and the end result is more lives lost. On the other hand, opportunities abound for those who embrace the next generation of data management solutions, and the benefits will be widely enjoyed.

Matthew Van Niekerk is a co-founder and the CEO of SettleMint — a low-code platform for enterprise blockchain development — and Databroker — a decentralized marketplace for data. He holds a BA with honors from the University of Western Ontario in Canada and also has an international MBA from Vlerick Business School in Belgium. Matthew has been working in fintech innovation since 2006.

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