Crypto pharmacy

crypto pharmacy

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Blockchain is an emerging technology in place with a local.

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Author analyzes the possibilities of using blockchain technology in pharmaceutical sphere with the purpose of detection of counterfeit and poor-quality. From patient data to supply management and clinical trial support, blockchain is proving to be a key player in the future of pharmaceuticals. CryptoPharmacy [21] is another application which makes use of NEM blockchain in order to ease the process of selling and buying easier as multiple entities are.
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In this section, a discussion is presented of blockchain-based solutions that have been proposed in the literature for counterfeit drug prevention. It requires significant investment, but the potential benefits for prescription security are more significant. Other researchers have proposed an IoT-based blockchain implementation to achieve drug governance for the pharmaceutical supply chain, the idea being to maintain an immutable record of transactions and prevent fraud Ahmadi et al. Garankina et al.