Decentralized bases may benefit the pharmaceutical company. It's great to watch such a retail giant as Walmart also supports the blockchain. I hope that other companies will take note and this will help to make the system universal for all
If such a system would not only apply to pharmacists, but also cover the customer base, a system could be created where the patient can get information, which pharmacy can provide the right drugs, and other important information. 
Topic: Tracking drugs or other stuff with the help of blockchain - Walmart, Carrefour - page 2. (Read 294 times)
June 05, 2019, 02:10:44 AM
June 05, 2019, 01:44:05 AM
Decentralized bases may benefit the pharmaceutical company. It's great to watch such a retail giant as Walmart also supports the blockchain. I hope that other companies will take note and this will help to make the system universal for all
June 05, 2019, 01:32:31 AM
I think this is just one of examples how blockchain could be implemented in almost any kind of industry. From health, pharmaceuticals, agriculture, food or anything else. But people are still not educated enough about wide range of blockchain possibilities and how to benefit the most out of it and how to implement it in business. But I think in few years time this will change.
I agree with you. Most people are unaware of Bitcoin's capability to reach every industry and how it could even eliminate the crime rate. I just wish that this test would be successful because drugs is one of the biggest problem of every country.
June 05, 2019, 01:22:39 AM
I think this is just one of examples how blockchain could be implemented in almost any kind of industry. From health, pharmaceuticals, agriculture, food or anything else. But people are still not educated enough about wide range of blockchain possibilities and how to benefit the most out of it and how to implement it in business. But I think in few years time this will change.
June 05, 2019, 01:14:00 AM
Them using blockchain to track drugs or any thing that is registered in their blockchain is a smart move,they are using what blockchain is made to be.Yes its feasible and has a probability of being approved because this move from walmart is very beneficial for them and for many others that will adpot the blockchain technology in the future.
June 05, 2019, 01:07:26 AM
It's good to know that Blockchain would be a help to track and trace illegal drug transactions but I don't think it would be easy. We all know that it will be easy for most users to keep their transactions anonymous but if drug dealers aren't that smart, it will be easy for them to track them.
June 05, 2019, 12:58:37 AM
I think applying blockchain to tracking data is a real and probable thing. Essentially, the initial blockchain created is for that purpose. Deploying blockchain for manufactured products will take a lot of human resources at the initial stage (creating blockchain, applying hash to each product, ...). However, once that first step has been made, the remaining steps are quite easy and effective as they are all controlled by the blockchain, without spending too much human resources.
As for the governments exhorting to develop blockchain but limiting crypto is also their reason. Because if crypto grows too strong, decentralization becomes the crux of the economy, centralized systems like banks, government, ... will collapse. And that's exactly what governments don't want.
As for the governments exhorting to develop blockchain but limiting crypto is also their reason. Because if crypto grows too strong, decentralization becomes the crux of the economy, centralized systems like banks, government, ... will collapse. And that's exactly what governments don't want.
June 05, 2019, 12:46:40 AM
I think the blockchain system for drug registration will be a simple and effective solution. Track the drug directly from the manufacturer and always know when and where the batch came from. It will probably also be possible to check who sells especially strong drugs in order to prevent their possible distribution by illegal means.
June 05, 2019, 12:36:05 AM
This move by Walmart is an affirmation of the game-changing capacity of the blockchain to influence and transform an industry. This news must be referring to it joining MediLedger which aims to “open and decentralized network for the pharmaceutical supply chain,” designed to address the tightening regulations that govern the supply chains of drugs and medications. That said, according to the MediLedger website, network nodes are run and operated by industry participants, so it doesn’t sound entirely open and decentralized."
Whether this can just be another hype or promotional gimmick by Walmart and is not really up to anything, we can see the answer to that question maybe after Walmart can see results with the use of the MediLedger platform. Right now, it is too early to conclude anything. Let's wait and see what will happen. In case the experience of Walmart can be positive and encouraging, am sure other firms will be thinking of joining the blockchain bandwagon too.
June 05, 2019, 12:16:07 AM
Walmart now teams up with Big Pharma to track drugs and at the same time french retailing company Carrefour uses blockchain to track goods what ppl buy. Is it really easier to implement blockchain into company's structure to reduce the cost and work or is it just fairy tale and total hype? What do u think? Why almost every country says about blockchain implementation but at the same time issues the number of regulations for crypto using?
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