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HEALTHCHAIN.IT

HEALTHCHAIN.IT


HEALTHCHAIN.IT's financial review


HEALTHCHAIN.IT information

We develop blockchain platforms for Drug Supply Chain Integrity and Provenance. Based on industry estimates, pharmaceutical companies incur an estimated annual loss of $200 billion due to counterfeit drugs globally. About 30% of drugs sold in developing countries are considered to be counterfeits. A blockchain-based system could ensure a chain-of-custody log, tracking each step of the supply chain...
We develop blockchain platforms for Drug Supply Chain Integrity and Provenance. Based on industry estimates, pharmaceutical companies incur an estimated annual loss of $200 billion due to counterfeit drugs globally. About 30% of drugs sold in developing countries are considered to be counterfeits. A blockchain-based system could ensure a chain-of-custody log, tracking each step of the supply chain at the individual drug/product level. Furthermore, add-on functionalities such as private keys and smart contracts could help build in proof of ownership of the drug source at any point in the supply chain and manage the contracts between different parties.

HEALTHCHAIN.IT industries

Information technology & services
It services & it consulting

HEALTHCHAIN.IT's financial review

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