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DNV unveils COVID-19 risk management platform using VeChain blockchain

The Oslo-based assurance firm DNV GL has announced the release of MyCare, an infection risk management solution that uses blockchain to store evidence of companies’ effective policies in the COVID-19 era. The company has over 15,000 employees globally and serves more than 110,000 customers.

The platform uses the ToolChainTM BaaS Platform developed by VeChain, whose blockchain infrastructure DNV GL has been using since early 2018 and in which it invested. It previously used this platform to develop the supply chain assurance solution MyStory last year.

The solution aims to tackle the difficulties of making workplaces safe environments that conform to regulations in the wake of the COVID-19 pandemic. In particular, the health and safety offering looks at the need to integrate new risk management policies into existing processes, ensure company-wide implementation, and in the process assure customers of safe and ethical practices.

ThroughMyCare, DNV GL undertakes a number of assessments of a firm, lookingat the readiness and maturity of its risk management processes. Itthen provides bespoke services that create “tailored customerprograms based on the MyCare methodology” which developsa protocol for training staff andassessing further risk.

Theseassessments are undertaken by consultants and lead auditors trainedaccording to the International Safety Rating System and ISO 45001Health and Safety regulations respectively.

OnceDNV GL has developed and approved a company’s policies, theassessment and policy information is then stored on the VeChainblockchain. This information is made easily accessible to customersand other stakeholders, who can access it by scanning the QR codeembedded in the MyCare trust mark.

SunnyLu, co-founder and CEO of VeChain, said “Aswe contend with the new normal due to COVID-19, the demand for trusthas never been so important. Blockchain will be one of the drivingforces to increase confidence in data integrity, businesscredibility, and mutual trust in multi-party collaboration”.

Thelarge Finnish shipping company Viking Line became the first majorfirm to onboard the MyCare system on June17th2020.

VeChainrecently launched a digitalhealthcare passport solution for a Cyprus hospital which waslater extended for COVID-19testing.

Image Copyright: World 0Image / BigStock Photo
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 29.06.2020

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