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Blockchain for Pharma
success story

Blockchain in drug supply chain

Prevention of counterfeit drugs and medical devices with blockchain technology.

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Business Overview Image

Business Overview

  • We created a Certifying Authority System, i.e., a client-server system which is accountable for identity management and also supports features such as registration of user and node identities, issuance of enrolment certificates and certificate lifecycle management.
  • Our expert developers created a network where each new transaction is added to a block, every transaction is immutable and time-stamped to track the end-to-end chain, and ensure that the information is not modified.
  • All stakeholders (supply chain people, valetudinarian, regulatory authorities) can have access to this system and check the origin and integrity of healthcare products. At the same time, the implementation of smart contracts would enable the acknowledgment of receipt and dispatch of medicines and trigger the payment process initially defined and prevention of counterfeit drugs.

The Challenges

Healthcare is a huge and complex industry. Our major challenge was to create a Unique ID that will be assigned to the medicine and it would be registered on the blockchain.

Another challenging task was to make sure that every ID is treated as an asset on the blockchain, tamper proof platform.

In this process, another difficult task was to ensure , at each stage where the medicine changed its ownership, it gets time-stamped and recorded on the blockchain. With this feature everyone along the chain will be able to verify the source of origin but at the same time cannot alter it.

We made sure that in the case of defective drug recall, the manufacturer can view the pharmacies that received the affected drug and the pharmacies in turn can directly contact patients who had received those drugs from them.

Our Approach

We created a Certifying Authority System, i.e., a client-server system which is accountable for identity management and also supports features such as registration of user and node identities, issuance of enrolment certificates and certificate lifecycle management.

Our expert developers created a network where each new transaction is added to a block, every transaction is immutable and time-stamped to track the end-to-end chain, and ensure that the information is not modified.

All stakeholders (supply chain people, valetudinarian, regulatory authorities) can have access to this system and check the origin and integrity of healthcare products. At the same time, the implementation of smart contracts would enable the acknowledgment of receipt and dispatch of medicines and trigger the payment process initially defined and prevention of counterfeit drugs.

Smart contracts Icon

Smart contracts

Unauthorized individuals won’t be able to execute transactions in the drug supply chain ecosystem.

Unique ID creation Icon

Unique ID creation

Not only track provenance and provide authenticity, but could also address many of the requirements from the EU and DSCSA.

Identity Management Icon

Identity Management

Identify the source of origin for every drug; and seek out the ingredients of every drug sold

Certifying Authority System Icon

Certifying Authority System

Detail recording of data with smart contracts.

Immutable ledger Icon

Immutable ledger

Enables end-customer (patients) can check QR code to track the origin.

Transparent and effective system Icon

Transparent and effective system

More secure and transparent way to report on changes to operating conditions

About our blockchain-based solutions for pharma industry

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Creation of a Unique ID that will be assigned to the medicine.

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To make sure every ID is treated as an asset in a blockchain.

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We created a “Certifying Authority System” A client-server system which is responsible for identity management.

Results – a journey from ideas to success

Transparent and effective system that save resources and track cross border transactions.

A client-server system which is accountable for identity management.

Features such as registration of user and node identities.

Issuance of enrolment certificates and certificate lifestyle management.

Technologies we used

Ethereum Logo
Ethereum
Hyperledger logo
Hyperledger
Solidity Logo
Solidity
Truffle Logo
Truffle