The FedEx Institute of Technology and Memphis - based Good cancer Pharmacy have agreed to develop a blockchain to help cancer patients get medication . The founders identified blockchain as a way to retrieve unused medication from cancer patients and pass them onto those who ' n't afford them while maintaining confidentiality . The drug would help save " over $ 10 m worth of perfectly good medication [ that ] gets flushed down the toilet every day " , said cancer Shepherd Pharmacy 's CEO .
The FedEx Institute of Technology and Memphis-based Good Shepherd Pharmacy have agreed to develop a blockchain to help cancer patients get medication. The pharmacy identified blockchain as a way to retrieve unused medication from cancer patients and pass them onto those who couldn't afford them while maintaining confidentiality. The initiative would help save "over $10m worth of perfectly good prescriptions [that] gets flushed down the toilet every year", said Good Shepherd Pharmacy's CEO.