Blockchain IoT Firm Chronicled Creates MediLedger Project To Safeguard Pharmaceuticals
September 22, 2017
Blockchain IoT company Chronicled has partnered with life sciences consultancy LinkLab on the MediLedger Project, to track and trace products in the pharmaceutical industry.
The project is primarily aimed at demonstrating compliance with the Drug Supply Chain Security Act (DSCSA), using a blockchain (transparency, immutability, shared memory etc) to track and trace prescription medicines. The project also seeks to demonstrate the ability to prevent counterfeit medicines from entering the supply chain.