Tag: pharmaceutical

Internet of Things (IoT) refers to turning every-day items into interconnected objects through the internet. So that mundane objects, like your coffee cup, could be connected to a network of your other belongings and feed in data from several data points. With microchips and nanotechnology, every object can be digitised.

Batch Block is a Blockchain-powered tool that will focus on improving key areas of pharmaceutical supply chains, by improving how effectively drugs are tracked from one point to another and keep a verifiable record of all intermediaries any shipment goes through. Blockchain technology allows a full audit-train of data, allowing an everlasting, tamper-proof and time-stamped record to be kept in a distributed manner.