FarmaTrust against false medicines
The quality and purity of medicines worried mankind since ancient times. Mention of falsified drugs are found in documents dating back to the IV century BC. The problem of falsification of medicines went through centuries and has reached our days.
There is a misconception that the distribution of counterfeits is limited to the countries of southeast Asia and Africa. In fact, this is a global problem. With the development of free trade and the promotion of online pharmacies, falsifications penetrated even countries with a developed and well-established system of regulation and control of medicines, such as the United States.
The scale of the problem of counterfeiting medicines is difficult to fully assess. About such crimes becomes known more often only in case of detection of criminals, therefore the true picture is difficult to imagine. According to WHO estimates, approximately 10% (or about 21 billion dollars) of the world turnover of the pharmaceutical industry is based on the sale of counterfeit drugs.
With the development of free trade, the pervasive spread of the Internet and the general trend towards a decrease in the effectiveness of legal control, the threat of the spread of counterfeit medicines has spread throughout the world.
Falsification of drugs is a problem that threatens any state. It is difficult to detect forgery, to track the way they penetrate the market, it is difficult to fight them. Governments of states should be aware that when the danger becomes visible, many patients have already suffered harm. The spread of the Internet, the improvement of technological capabilities of criminals, a false sense of security among residents of developed countries - all this contributes to the spread of counterfeit medicines in the world.
One of the most effective strategies for preventing drug fraud is careful documentation of the route of drug delivery to the consumer.
One of the most effective tools in the struggle may be FarmaTrust. FarmaTrust is a global tracking system that aims to provide a fast, scalable, cheap and immutable solution to pharmaceutical supply chains. It's objective is to ensure that counterfeit drugs do not enter the supply chain.
FarmaTrust is an accurate, fast, scalable and secure automated end-to-end data tracking platform. Its aim is to automate the tracking of the medical supply chain throughout the world while making sure that the products delivered are genuine and safe for consumption. They do this by using big data analysis and harnessing the ever growing power of the blockchain.
FarmaTrust will work with pharmaceutical companies, governments, and regulators while following and respecting the code and conducts of every country.
The platform system is secure, encrypted and immutable. This beginning can bring a considerable change for humanity. It is a gateway to a more reliable and healthy future for all of us.
farma2018
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