Share this article

German Startup Pitches Decentralized ID for Prescription Pickup During COVID-19

Coronavirus drove blockchain startup Spherity to develop a decentralized ID prototype for interacting with healthcare providers and pharmacies.

Updated May 9, 2023, 3:07 a.m. Published Mar 30, 2020, 3:20 p.m.
Credit: Shutterstock
Credit: Shutterstock

Berlin-based blockchain startup Spherity has developed a decentralized identity prototype that would help people get the medicines they need while maintaining proper social distance.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

“We see a big opportunity when it comes to social distancing to get decentralized ID out the door,” said Spherity CEO Carsten Stocker. “Humans interact with smartphones, but governments and doctors' offices interact with legacy infrastructure – so that means we need to bridge the gap.”

The “E-Rezept” prototype relies on self-sovereign identity (SSI), a way of managing the various attributes that comprise digital identity in a decentralized manner. Moving things away from password-based centralized architectures allows the real owners of sensitive personal data to control and share it without compromising their privacy.

Germany passed legislation last summer to help digitize pharmacies. Like many complex engineering transformations that would normally take months or years to complete, the coronavirus pandemic is kick-starting solutions for the coming weeks.

Spherity was one of some 40,000 participants that applied to take part in the WirVsVirus virtual hackathon organized by the German government. That number was whittled down to 2,000 actual participants, but the coronavirus-focused event still counts as “the biggest hackathon in Germany’s history,” according to German Chancellery Minister Helge Braun.

See also: World Health Organization Teams With IBM, Oracle on Blockchain-Based Coronavirus Data Hub

Stocker said the E-Rezept project was inspired by his mother, who didn’t want to go to an overcrowded doctor’s office just to renew a pharmaceutical prescription. A lack of faith in remote identity verification is the reason patients are required to renew prescriptions in person, he said.

The Spherity prototype requires patients to carry their digital fingerprints in wallets that can be accessed by doctors. Once these know-your-customer (KYC) credentials are matched with their records, an electronic prescription can be issued.

“We are using smartphone wallets, cloud agent infrastructure, in combination with the Ethereum blockchain. But it could also be combined with other SSI solutions such as Hyperledger Indy,” said Stocker.

The next digital step would be connecting the patient’s wallet to an online pharmacy. Given the risks of contagion and the need to reduce traffic on critical infrastructure, urgent social distancing is the spur to push forward e-medicine, Stöcker said.

“There is an opportunity to do a quick fix using existing decentralized identity technology,” he said.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Tom Lee urges BitMine shareholders to approve share increase ahead of January 14 vote

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance.

What to know:

  • Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion.
  • Lee assured shareholders that the increase is not intended to dilute shares, but instead to enable capital raising, dealmaking, and future share splits.
  • Shareholders have until January 14 to vote on the proposal, with the annual meeting scheduled for January 15 in Las Vegas.