The Case for Leveraging Blockchain to Improve the Global Health Supply Chain

Pharmacy Times October 28, 2021
Skylar Kenney, Assistant Editor

Blockchain offers a number of potential solutions to supply chain issues currently facing the medical industry. This developing technology offers opportunities for decentralized record-keeping and tracking of transactions, as well as increased overall efficiency and the removal of unnecessary intermediaries.^1-4 Even so, questions remain as to what the future of the health care supply chain looks like and what roles blockchain may play in it.¹

Investigators have described the modern global medical supply chain as fractioned and inefficient, with expired and counterfeited products directly threatening patient care. They highlight 3 primary benefits of blockchain as a distributed ledger technology.

First, blockchain offers the ability to maintain an immutable record of available drugs and devices, which would help prevent the purchase...

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