Pharmaceutical Supply Chains Could Use Blockchain for Traceability

Pharmaceutical supply chains could use shared blockchain records to trace medicine movements and support more targeted recalls. A Chicago Star explainer describes how the approach might connect records held by manufacturers, distributors and pharmacies.The proposal concerns tracking, rather than guaranteeing medicine quality. Blockchain could preserve a recorded product history, but it cannot establish that information was accurate when first entered.Pharmaceutical Supply Chains Need Connected RecordsThe medicine traceability explainer describes a distribution system spanning several stakeholder groups and, often, multiple countries. Those participants include manufacturers, distributors, wholesalers, pharmacies and healthcare providers. Red capsules and unmarked tablets on a blue surface.

Source: BlockTelegraph