Pharmacy Times October 28, 2021
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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