Kultejas News
Crypto News

Indian IT giant Tech Mahindra partners on blockchain system for vaccine tracing

As large-scale vaccination programs against COVID-19 become increasingly important to many governments’ strategies for pandemic management, blockchain companies are increasingly working to propose methods that involve some of the logistics of the technology. can offer solutions to obstacles.

Blockchain company Statwig – a graduate of the UNICEF Innovation Fund – was already testing its blockchain-based solution Vaccine Ledger in 2019 in India and the United States. Fast forward to 2021 and the global vaccination campaign against COVI-19, the company has now partnered with Indian IT giant Tech Mahindra to roll out the solution across the globe.

VaccineLedger focuses on improving the transparency of the vaccine supply chain at the vial level, with the aim of predicting and preventing issues such as out of stock, counterfeiting, quality control and availability. Just days after a vaccine swap attempt between Israel and the United Kingdom failed to come together – resulting in Pfizer’s imminent waste of 1 million doses – the need for such a solution is more specific than ever.

Statwig’s solution supports the integration of smart contracts and IoT technologies to detect expired products and ensure temperature control for sensitive units. By partnering with Tech Mahindra, Statwig will draw on the company’s expertise in resource scale and systems integration to support the implementation of the solution around the world.

In addition, the two companies have co-developed a number of enterprise security modules for the solution’s mobile and web applications, which are designed to meet the diverse needs of manufacturers and governments in different jurisdictions.

The challenges faced by different countries remain uneven: in the United States, millions of COVID-19 vaccine doses are at risk this summer due to vaccine hesitancy in several states. Most countries in the Global South face an even more serious problem – a lack of vaccines. While countries in the Global North account for 85% of shots administered worldwide, the lowest-income countries currently account for only 0.3% of vaccine doses.

RELATED: Tech Mahindra Will Build Multiple Blockchain Solutions on Amazon’s Blockchain

While a globally integrated, efficient ledger solution may not address vaccine inequality, which has political roots, it aims to help global actors mitigate the worst effects of delivery delays due to waste, red tape and logistics inefficiencies is. In areas where vaccines are scarce, these efficiency gains can help ensure that what is available is used rapidly and to the maximum. Rajesh Dhuddu of Tech Mahindra explains the scope and goals of the product saying:

“The wastage of life saving medicines like vaccines should be addressed on priority and we need to come together to find a solution here. Our strategic partnership with Statwig will provide a single application for supply chain participants to enhance the chain of traceability and custody. This will not only ensure the safety and legality of vaccine supplies but will also help in complying with the complex regulatory requirements established by the Drug Administration Authority in any country.

As previously reported, the UK’s National Health Service has already used a system based on the Hedera hashgraph to monitor vaccine cold storage, on a limited scale. Meanwhile, blockchain technologies are being used to manage vaccination records and digital health passports.

Source link

How to Buy Bitcoin, Dogecoin, Ethereum in India? CLICK HERE

Related posts

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More