[English] How is blockchain implemented in the pharmaceutical industry?

Blockchainis highly regarded for its ability to provide many valuable benefits to everyday business and even more complex tasks.

In this article, we will introduce how this technologythe pharmaceutical industrycan be implemented, and in what aspects it is already being utilized. We will also discuss the future prospects of the Track & Trace functionality in relation to this.

You may be surprised, but the pharmaceutical industry is already familiar with blockchain technology. More specifically, more than 60% of pharmaceutical companies are using blockchain or conducting experiments with it.

One of the biggest examples is Pfizer. The company is relying on blockchain to address the flood of counterfeit medicines. Another example is UnitedHealthcare. The company has implemented distributed ledger technology to cut costs and ensure that data is up-to-date. There are also examples from Roche, NMC Health, and others.

This raises a question.Why does such an established industry use blockchain technology so broadly?