IBM, Walmart to pilot blockchain network for prescription drug traceability


Published 1y ago via zdnet.com

IBM, Walmart to pilot blockchain network for prescription drug traceability
ZDNet via zdnet.com

"Blockchain could provide an important new approach to further improving trust in the biopharmaceutical supply chain," said Mark Treshock, IBM's global solutions leader for Blockchain in Healthcare Life Sciences. CNET: Blockchain explained: It builds trust when you need it most Walmart has worked with IBM since 2016 to apply new levels of traceability based on blockchain technology across the food supply chain.

PREVIOUS AND RELATED COVERAGE: IBM, Maersk form blockchain joint venture to focus on global trade IBM and Maersk have been collaborating on creating a blockchain platform for the global supply chain. IBM, Walmart, JD.com and Tsinghua University eye blockchain for food supply chain safety in China The four entities aim to create a standard for collecting data on origin, safety and authenticity of food using blockchain technology for traceability.

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