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The Dutch Red Cross now accepts bitcoin and other cryptocurrency donations to combat the consequences of COVID-19. This move was probably caused by the need to increase the amounts of donated funds to boost research.

The co-founder of a Blockchain startup confirmed he tested positive for the coronavirus after attending the ETHLondon conference. Mr. Zhen Yu Yong asked people who had contact with him during the conference to take the required precautions and seek medical attention.

The Outbreak of the Covid-19 Strain and it’s subsequent spread to many parts of the globe has caused the cancellation of several cryptocurrency events worldwide. Event organisers are switching to Virtual Reality Technologies to Enable cryptocurrency meetups and discussions take place.

The entire cryptocurrency market is continuing to register massive losses. It is not even a month ago when Bitcoin was trading more than $1,450 (on Feb 13), but look at it now crawling in a price range of $7,600 - $7,900. That means that BTC alone has managed to decline by over $6,100 (declined almost by a half). And it brings more worry and loss of hope among the cryptocurrency community.

The online cryptocurrency community recently went into overdrive sharing preparatory tips for surviving the coronavirus. The community discussed a widening of possibilities a coronavirus pandemic could mean to the crypto markets. The most amusing aspect was the discussions of tips and tricks to stay alive during a possible pandemic.

Forks are tools employed by blockchain and DLT networks to increase blockchain execution and run the protocol. These are generally distributed into Soft Fork and Hard Fork (hardfork).

For over a week now, Bitcoin has been trading above the $9000 level and this has given a lot of optimism to the cryptocurrency community, however, the global stock markets have experienced a shake due to the Coronavirus (CoV) outbreak in Asia. Considering the current Bitcoin consolidation, it is highly anticipated that the BTC/USD price will soon be back to trade at five figures.

In Kenya, IBM is working to create a blockchain-based microfinance system aimed at food vendors. By tracking sales operations using mobile phone devices and using artificial intelligence to create a credit scoring system, the platform allows microfinance for minute commerce.

The East African region is increasingly proving itself as a real field of application for new technologies including cryptocurrency and blockchain, showing its wide range of implementation and potential. These include the application of distributed ledger technology (DLT) in the agrifood sector, particularly in the six countries of the East African Community (EAC) which includes Uganda, Kenya, Tanzania, Rwanda, Burundi and South Sudan.