"Blockchain in Pharmacy: Securing the Drug Supply Chain"
The pharmaceutical industry faces numerous challenges, from counterfeit drugs to inefficiencies in the supply chain. One innovative solution poised to revolutionize the industry is blockchain technology . This cutting-edge technology offers transparency, security, and efficiency, making it a powerful tool for addressing critical issues in the drug supply chain. In this article, we’ll explore the role of blockchain in pharmacy, how it enhances supply chain security, and its transformative potential for the pharmaceutical sector. How Blockchain Stands Out in the Pharmaceutical Sector Blockchain technology’s success lies in its ability to create trust in a decentralized manner. Unlike traditional systems, blockchain does not rely on a single authority to manage and validate transactions. Instead, it uses distributed ledger technology to maintain an unalterable record of transactions, ensuring data security and integrity. In pharmacy, this translates into a system where every movem...