Pharmaceutical Executive May 12, 2021
The COVID-19 vaccine program is shining a light on how supply chains, including pharmaceutical supply chains, can be made more efficient, safe and reliable.A technology that could add value in tracking, monitoring and reducing issues in pharmaceutical supply chains is blockchain. This article discusses what blockchain is, how it could help improve pharmaceutical supply chains, and the COVID-19 vaccine supply chain in particular, and touches on where we are already seeing blockchain technology being used in this area.
What is blockchain?
Blockchain is a type of distributed ledger technology. Whilst traditionally a ledger would be held centrally and protected and managed by a trusted party, a distributed ledger is one that is replicated, shared and synchronized across multiple sites, institutions...
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