A blockchain sometimes also referred to as Distributed Ledger Technology (DLT) is a time-marked series of immutable, transparent records and documents of data. Each of these blocks of data is secured and bound to each other using cryptographic principles and decentralization. This technology relies on established cryptographic techniques to gain access for each participant in …
Tag Archives: Pharmaceutical Blockchain Market
Pharmaceutical Blockchain Market 2022 driven by increasing risk of cyber security attacks and data privacy
Pharmaceutical organizations currently are facing the tedious issue regarding counterfeit drugs, where the proportion of dosages and ingredients vary, which could trigger unexpected harmful effects on the body and lead to fatal incidences. Deploying blockchain technology into pharmaceutical systems helps to eliminate the major drawback of counterfeit drugs. This technology has optimum potential to transform …