Use of Blockchain Technology in Medical Supply Chains #shorts

This video describes the role of Blockchain Technology in Medical Supply Chains.
By some estimates, ten percent of medical goods are either low quality or false. It is believed that at least one percent of the medicines in the market are fake. Blockchain-based systems can guarantee chain of custody records by tracing every level of the drug supply chain. In addition, functionalities such as private keys and smart contracts can help to better maintain agreements between different parties and strengthen the credibility of pharmaceutical suppliers.

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