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Topic: Blockchain to Combat Fake Medicines in India? (Read 372 times)

member
Activity: 171
Merit: 14
January 02, 2019, 05:43:29 AM
#48
Blockchain can help many traditional industries, such as the fake drugs you list, but only if the blockchain is accepted by the government and can be strictly regulated.
hero member
Activity: 2912
Merit: 613
Winding down.
I agree that blockchain could help in combatting fake medicines, but the question remains - will the government actually start doing it?


They are not against blockchain, but against crypto due to ban.
I don't think that this ban will be forever, india is not really a big country and once big countries starting to formulate a good regulation, I believe
they will reverse the ban and will regulate crypto. What I know for now is that they ban crypto, but not blockchain, so they might still be interested.
full member
Activity: 476
Merit: 100
After putting a virtual ban on cryptocurrencies, the Indian government is planning to come up with a blockchain solution aimed at combatting India’s counterfeit drugs trade. NITI Aayog aims to combat India's counterfeit drugs trade with the help of the Blockchain technology.

Read the full article here - https://coinfrenzy.io/blockchain-combat-fake-drugs-india/

There is no need to think about the necessity and possibility of using blockchain. The problem and the way to solve the problem is clear to all at once. It remains to implement it. Pretty good idea, just a question, why only the Indian market?
full member
Activity: 645
Merit: 100
 Huh They prohibit, but will still use technology. What is the logic. Maybe it’s time for countries to keep up with the times. Perhaps this project is a scam. It is necessary to study in detail.
full member
Activity: 560
Merit: 101
Finally, a real project where the blockchain is needed. For such purposes it should be applied. Medicine because of its high marginality attracts fraudsters who fake medicines and kill people.
full member
Activity: 560
Merit: 100
After putting a virtual ban on cryptocurrencies, the Indian government is planning to come up with a blockchain solution aimed at combatting India’s counterfeit drugs trade. NITI Aayog aims to combat India's counterfeit drugs trade with the help of the Blockchain technology.

Read the full article here - https://coinfrenzy.io/blockchain-combat-fake-drugs-india/
Once again we witness the influence of blockchain technology on the world. Blockchain technology really helps us but it can also be exploited by bad guys. This is something that nobody wants in the crypto market, we need to ask the government to solve this.
jr. member
Activity: 196
Merit: 1
Idea the good and use its need to to nation was healthy. The article was written a long time ago. Do you have information about the use of blockchain in this industry ?
member
Activity: 319
Merit: 10
That's a really cool idea. A large number of counterfeit products can kill people and cripple young and working-age people, which is not good for the economy.
member
Activity: 280
Merit: 10
Fast, Smart, Trustworthy
The blockchain can do this easily, but only if the team can actually complete the project and work. I think the Indian government may not accept such new technology.
member
Activity: 434
Merit: 10
real fake medicine. They have no patents and no qualifications for production on the international market. This is related to Indian law, but their drugs are usually very cheap. Objectively speaking, I support them. Pharmaceutical companies should not seek too much profit. Life is the essence of human civilization. Knowledge protection property rights should be relatively loose for medicine, and sometimes the poor can only sustain life through such drugs.
member
Activity: 292
Merit: 10
Harmony for One and All
whatever as long as it uses a blockchain, the impact on crypto is positive, it will make the impression that the blockchain image will increase in the eyes of the world and because crypto is very closely related to blockchain, crypto will also have a good image too and it is not impossible that the ban will revoked
full member
Activity: 602
Merit: 100
I have not seen this yet,but anything can be, now there are so many advanced and interesting projects came out, the same MTC, and others that will control the sphere of Medicine, so maybe it will be popular,I will say even more if they solve the basic needs of people, it will be a huge interest and demand to use,since in the near future all spheres will be around the world on the blockchain
hero member
Activity: 1190
Merit: 541
Quite a good idea, which is aimed at helping people. Such projects should be on our forum. Personally faced with this problem,not only in India and a distributed registry could to help me.
Blockchain could be used in so many aspects of life and medicine is just one of them. I am not too familiar with pharmacy deals in India so I can't really talk about just one nation but in all over the world medicine has been two type, one where you go to pharmacy and get a bottle of medicine that's basically health ministry approved and so forth which really works and clinically proved that it works, the second type is the natural things that could help you out, I mean drinking hot stuff when you have the flu is not really "medicine" but it works as well, that type of stuff.

Blockchain could help the first one where medicine could be tracked and could be used like database on what does which and who got what medicine and so forth. However, blockchain wouldn't be capable of making any changes on the second type.
member
Activity: 268
Merit: 10
Quite a good idea, which is aimed at helping people. Such projects should be on our forum. Personally faced with this problem,not only in India and a distributed registry could to help me.
full member
Activity: 448
Merit: 100
I think in India there is a need for discipline about medicine and health, because the level of welfare there is still very small, if Blockchain responds and fills out the system it is fighting the circulation of fake drugs. it is the right move.
Blockchain here can serve as a real assistant in solving this problem. I think they are doing everything right and the results will be good.
full member
Activity: 476
Merit: 101
I think in India there is a need for discipline about medicine and health, because the level of welfare there is still very small, if Blockchain responds and fills out the system it is fighting the circulation of fake drugs. it is the right move.
hero member
Activity: 1540
Merit: 507
They just banned cryptocurrency, a product of blockchain technology, but they still can use blockchain technology with other purposes like this. There are so many countries in the whole world still don't accept cryptocurrency but they're still using blockchain technology to develop so many new things.
Because they are understand if blokchain is separate from the crypto. but this idea totally doesn't make sense consider about blockchain needs a lot of time to research its potential. Just curious how they can combat the fake medicine with online chain.
member
Activity: 459
Merit: 10
First of all, what do I need to know about the concept of counterfeit drugs? As far as I know, India's pharmaceutical industry is independent. Global drug intellectual property rights are not valid in India, so India should be the world's lowest drug price. But does the counterfeit drug mean that it is not authorized to produce or use other useless tablets instead of real drugs?
sr. member
Activity: 434
Merit: 250
They just banned cryptocurrency, a product of blockchain technology, but they still can use blockchain technology with other purposes like this. There are so many countries in the whole world still don't accept cryptocurrency but they're still using blockchain technology to develop so many new things.
full member
Activity: 294
Merit: 100
Personally, I am sure that thanks to the technology of blockade there are effective ways to combat counterfeit medicines. But the question arises - how much the government itself is interested in this.
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