FarmaTrust is the most efficient global tracking system which provides security to the pharmaceutical companies, governments, regulators and the public, that counterfeit drugs do not enter the supply chain. Our Blockchain based system utilises Artificial Intelligence and big data analysis to provide the pharmaceutical industry with value added services which allow for more efficient processes and methods as well as a more transparent supply chain. Our system is safe, secure, encrypted and immutable.
I passed on it as well.
Counterfeiting drugs is a problem pharmaceutical companies have always been trying to solve. While the EU and U.S. do already have in-depth tracking and compliance measures in place, other countries do not. The problems occur when the drugs move from one jurisdiction to the other. If each jurisdiction has their own way of tracking things and their own rules and regulations, dysfunction is often the result.
FarmaTrust attempts to end all of this by integrating each jurisdiction onto the same blockchain without changing their existing system. The Farma system uses AI and other new school tracking and tracing tools to make counterfeiting and other crimes impossible.