LeewayHertz Has Created A Drug Supply Chain Network On Blockchain For Tracerx


Posted August 30, 2018 by LeewayHertz

LeewayHertz is an experienced blockchain development company. The Company uses blockchain to develop next-generation apps that help establish trust, bring transparency and reliability in business technology.

 
LeewayHertz is an experienced blockchain development company. The Company uses blockchain to develop next-generation apps that help establish trust, bring transparency and reliability in business technology. Blockchain development using distributed ledger technology such as HyperLedger, Ethereum, and HashGraph, has enabled businesses now carry out transactions without friction and with more confidence. LeewayHertz leads the way in building distributed ledger applications faster and risk-free.

Deepak Shokeen is the CTO at LeewayHertz and a Blockchain Solutions Architect. This is what he said, “With our blockchain development services, we seek to streamline the supply chain and value in terms of inefficiencies of lack of interoperability and inconsistent data. The blockchain supply chain improves on the transparency, scalability, and security creating the perfect universal supply chain system. The traceability and transparency factors create the most important foundations of logistics and supply chain. Using this, we have been able to develop a chain network that traces the supply of drugs from the manufacturer to the consumer. Using blockchain, we have been able to put in place an app that identifies when a drug leaves the manufacturer, through the distribution agencies all the way to the very person who gets issued the drug.”

LeewayHertz has used blockchain application development for building digital platforms. Such platforms like in the pharmaceutical industry provides solutions to the problems that face supply chain management. Tracing of drug shipment to the right customer is a significant concern in this industry and having a platform on which such tracing is available is a massive step in the right direction.

Shokeen continued to say, “Should someone along the supply chain decide to play dirty and try to exchange the original drug with a fake, the system can pick it up along with other such anomalies. Theft of drugs is another major headache and tracking of shipment to the right customer has always been a challenge. We came up with the platform that traces the Shipment, quantity, and checks the credibility of an end user. The authorities also are notified in case the delivered quantity exceeds the specific quantity meant for a unique identity. The platform also allows tracking the amount available and what is consumed on real-time blockchain networks. Should any drugs expire, identification of the stock and its location is availed to make recall easier. Another major breakthrough in pharmaceutical blockchain networks is the ability to provide shipment of the medicine to areas experiencing scarcity.”

Industries looking for blockchain company that is experienced in blockchain development will do well to talk to LeewayHertz. The Company has a deep understanding of AI, IoT, and cloud services. Using blockchain technology, LeewayHertz has been able to develop apps that bring transparency and reliability in business, allowing the businesses to offer services with more confidence and with less friction.
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Issued By LeewayHertz
Website blockchain application development
Phone 877-801-8115
Business Address 388 Market Street Suite 1300 San Francisco, California 94111
Country United States
Categories Technology
Tags blockchain application development , looking for blockchain company
Last Updated August 30, 2018