The pharmaceutical industry could see 2019 in a breakthrough year for blockchain , as companies including the European Commission aim to apply the technology to their supply chains. While pilots are occurring and companies are testing out the nascent technology, It has already successfully carried out a trial in which blockchain offered an accurate, verifiable method of tracking of products, and could invite other firms to join the test. Meanwhile, French giant Bass said blockchain could be key to combating fake drugs, improving clinical trials and changing the patient data relationship.
The pharmaceutical industry could see 2019 in a breakthrough year for blockchain , as companies including the European Commission aim to apply the technology to their supply chains. It has already successfully carried out a trial in which blockchain offered an accurate, verifiable method of tracking of products, and could invite other firms to join the test. Meanwhile, French giant Bass said blockchain could be key to combating fake drugs, improving clinical trials and changing the patient data relationship.