Big are players stepping into the crypt market. Pfizer and Genetech have started MediLedger project based on Ethereum blockchain in order to prevent counterfeit medicines.
MediLedger Project is using Quorum, an enterprise-focused Ethereum-based smart contract platform developed by J.P. Morgan.
“We get the best of both worlds. The key to this whole thing, again, is a single blockchain of everyone continuously checking the integrity. [Still, there is a] clear separation between private and public"
The utilization of J.P. Morgan’s Quorum smart contract platform by the MediLedger Project is the first commercial implementation of the bank’s blockchain technology.