BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology began its innovative life in the cryptocurrencyA Cryptocurrency address is used to receive and send transactions on the network. An address is most commonly represented as a string of alphanumeric characters and sometimes referred to as wallets. Addresses can also be represented as a scannable QR code. market segment. It moved quickly to disrupt other market segments — representing many processes — who find it relevant to their security needs. And what is in greater need of chain of custodyBlockchain embedded mining is a relatively new concept where mining chips are embedded into internet connected devices. Embedded mining chips can operate inside everyday devices such as smart phones. Embedded mining is speculated to be a solution to previously uneconomical efforts, such as micropayments and monetizing the IoT.... More security than the drug supply chain? iSolveiSolve developed advanced digital ledger technology that provides security in drug supply chains. iSolve works to prevent counterfeit drugs from entering the supply. It further provides: secure communications between drug supply chain partners refined inventory control improved medication recall procedures and supporting processes greater clarity for global regulatory compliance... shows an innovative way forward for the drug supply chain using blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology.
End-to-end Drug Supply Chain Solution Using BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors.
Information about the drug supply chain posts securely to the blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors.. BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology provides a way to trace drug movement from one trusted drug supply chain partner to another. The use of blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology in the drug supply chain:
- makes auditing easier and more accurate;
- makes the drug supply chain transparent for Biopharma companies who want to see the distribution patterns of their medical products;
- applies in the $800 billion global pharma market;
- integrates existing systems and processes; and
- prevents counterfeit medications from entering the supply chain.
Advanced Digital LedgerA central ledger refers to a ledger maintained by a central agency. Also known as a general ledger. Technology (ADLT)
iSolveiSolve developed advanced digital ledger technology that provides security in drug supply chains. iSolve works to prevent counterfeit drugs from entering the supply. It further provides: secure communications between drug supply chain partners refined inventory control improved medication recall procedures and supporting processes greater clarity for global regulatory compliance... developed ADLT to provide security in the drug supply chain. It accomplishes this by preventing counterfeit drugs from entering the supply but beyond that it provides:
- prompt secure communications between drug supply chain partners,
- improved inventory control and management,
- improved medication recall procedures and processes, and
- global regulatory compliance.
ADLT works toward structural soundness of the drug supply chain with respect to the needs of Pharma, vendors in the supply chain — and, of course, patients.
BlockRX
This is iSolve’s platform (combining BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. technology and iSolve’s ADLT), designed to improve patient outcomes by integrating the work of life science researchers, BioPharma companies, medical device makers, medical equipment retailers, and health care providers. The BlockRX Ecosystem for BioPharma creates new revenue streams and manages costs. It changes the way BioPharma companies, health care providers and patients interact with each other. BlockRx also provides secure access to data.
The BlockRX digital tokensAsset-backed tokens are claims on an underlying asset, from a specific issuer. that support life sciences go on sale September 21st.
The Smart Marketplace
BioPharma Tech Transfer Offices and service providers can enter The Smart Marketplace to take advantage of the Smart IP, Smart Services, and Smart Investment components. They can search intellectual property (IP) postings from around the world to help them build their own supply channels or locate new technologies that help them develop their drug enterprises.
BioPharma companies can connect with investors that are a good match for them at their particular stage of development.
Tech Transfer Offices, service providers and investors who take advantage of the Smart Marketplace gain exposure to more clients, identify needs that exist in the marketplace and track the companies that need the type of expertise and special services that they can provide.
BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. Project Portfolio Management (BPPM)
BPPM tracks tasks/deliverables, organizes, and schedules projects that BioPharma companies enter into the BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. for Smart IP, Smart Investment, and Smart Services. BPPM helps identify and manage projects without burdening the BioPharma companies with more administrative tasks.
BPPM automatically posts the updated plan via an email response system as work completes.
Investors can see at what stage the BioPharma company project reached at any given point in time. Investors can also see the milestones completed as required for initial or additional funding stages.
All activities of Tech Transfer Offices, Service Providers, Investors and BioPharma companies post to the BlockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. in a portfolio. iSolveiSolve developed advanced digital ledger technology that provides security in drug supply chains. iSolve works to prevent counterfeit drugs from entering the supply. It further provides: secure communications between drug supply chain partners refined inventory control improved medication recall procedures and supporting processes greater clarity for global regulatory compliance... analyses and posts metrics about the activities which helps organizations when they search for possible partners.
To learn more about iSolve’s solutions to fundamentally change drug development by interconnecting systems that do not communicate well with each other and to establish data provenance, read the blockrx.com white paper.
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