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Niti Aayog to leverage blockchain tech to combat fake drug

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BlockchainThe Government seems to be in full mood to leverage blockchain technology to improve things in different sectors including healthcare. Chief Executive Officer of NITI Aayog Amitabh Kant recently said the technology will be used in pharmaceutical supply chain management to detect spurious drugs.

While addressing a gathering through video-conferencing at the inaugural session of International Blockchain Congress 2018 in Hyderabad, he said, Niti Aayog was working with Apollo Hospitals and information technology major Oracle, to leverage the technology.

He further said the organisation was working to harness the technology to address critical problems of the country on the front of land registry, health records and fertiliser subsidy distribution.

“There is a need to use blockchain to track and trace medicines and spurious drugs. Therefore, Niti Aayog, in collaboration with Apollo Hospitals and Oracle, is putting pharmaceutical supply chain in blockchain for complete traceability of drugs from manufacturer to consumer to protect our citizens from the menace of spurious medicines,” he said.

“The government has to play a leading role in allowing the application of blockchain technology. As the government, we need to make it easier to apply blockchain in pressing areas such as disbursement, land records, health records. Countries around the world had to improve and change the legal system to make themselves use blockchain technology,” Kant further said.

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