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Tag: pharmaceutical industry

Pharma Giants Use Ethereum Network to Prevent Counterfeit Medicine

Category: Blockchain, Business, Ethereum

Pharma Giants Use Ethereum Network to Prevent Counterfeit Medicine

Pharmaceutical giants Pfizer and Genentech, two conglomerates with a combined market cap of over $300 billion, have introduced the MediLedger project, a blockchain platform built on top of the Ethereum protocol to prevent counterfeit medicine and pills entering large-scale supply chains of pharmaceutical companies. According to Fortune, the MediLedger Project is using Quorum, an enterprise-focused Ethereum-based smart contract platform developed…

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