Take note, niTROn summit is postponed in light of the global pandemic

Take note, niTROn summit is postponed in light of the global pandemic

According to the official announcement made on Nitron.org, Tron’s yearly blockchain summit (niTROn) has been postponed due to the current pandemic of the Covid-19 (a.k.a. Wuhan Virus) Coronavirus. As of the time of writing, there are close to 90,000 infected individuals worldwide, spanning across the 6 human-populated continents (Except Antarctica, that is). In a recent turn of event, Covid-19 has now been spreading outside of Mainland China, affecting 67 nations with South Korea, Iran and Italy being the new supercluster of newly-infected. Justin Sun and Tron foundation have made the hardlining but necessary decision in order to prevent any possible chances of human-to-human transmission during the summit.

Screengrab of Official Announcement made on Nitron.org

The summit was supposed to be held in late February in Seoul, South Korea. However, due to the Shincheonji Church’s cluster and the alarming growth of infected individuals across South Korea, numerous events that may potentially involve a large congregation are now prohibited, this precautionary measure has now been extended beyond religious gatherings. niTROn’s new date will be determined “depending on the further situation” the report said.

More blockchain and cryptocurrency conferences around the world are expected to follow suit. For instance, Coinbase has also prepared a plan to protect its employees in the event of a worsening situation with the spread of the new virus.

“Our expectation is that the measured mortality rate (once low-severity cases are included in the overall count) will fall significantly and that we’ll see limited transmission in the west, where there will be fewer high density multi-generational housing situations.”

Quoted from From a shared document published by Coinbase CEO Brian Armstrong

The firm has offices in Ireland, the U.S., Japan, and the UK. Coinbase is planning for three phases of the disease. At this point, all of the firm’s offices are in tier zero, except for Japan which is tier 1. 

“We have a standing Crisis Management Team continually reviewing new information as it comes in,” the document said. “We have established a four tier escalation ladder (from tier 0 to tier 3) for response to changes that impact Coinbase offices.”

In the case of there being 100 instances of infected persons in the commuting radius of a given Coinbase office, the firm will ask certain employees to work from home. The firm will also boost the cleaning schedules of those office and offer mask disposal bins.

Phase two kicks in if “[m]ore than 1000 events as above or any government quarantine actions in the commute range of a Coinbase office” as well as in the event that the “measured mortality rate remains 1% or above (10x the seasonal flu) [and] Observed transmission rate remains above 1.5.”

At that point, Coinbase will stop serving office meals and ban all visitors to the office or “institute a visitor health screening program.”

If there are more than 5,000 infections, Coinbase notes it will be “a wild ride” as “containment has failed.”

In phase 3, all employees will be required to work from home. “At this level, I’d expect our ability to use 3rd party services like cleaning, snacks, etc to start to break down because of fear driven absenteeism… I’d also expect to see regional isolation in the impacted area,” Armstrong wrote.

“We continue to believe the risk of COVID-2019 coronavirus to most employees is low, with a slightly elevated risk to our team in Japan,” the firm said. 

At this point, the firm has restricted travel to China, Hong Kong, Japan, Italy, and South Korea.