Blockchain, Featured

FedEx To Use Blockchain For Cancer Medicine Distribution

The FedEx Institute of Technology has publicized its partnership with pharmacy services corporation Good Shepherd Pharmacy to improve new blockchain-based structure to aid cancer patients to get medicines.

The FedEx Institute of Technology is a society that helps as an organizer of interdisciplinary research in developing technologies that function in pushbike with the research infrastructure of the University of Memphis. The organizations launched the Institution in February 2018 in order to make University of Memphis a center of technology and research.

FedEx is progressively involved in blockchain projects. the institution became a member of the Blockchain in Transport Alliance (BiTA) in the month of In February, and CEO demanded that the blockchain is “the next frontier that’s going to totally variation international supply chains.”

FedEx Institute and Blockchain technology

Blockchain technology is opening to be extensively used by many sectors of the economy, not just by the tech one.

The Institute will host an event to get many blockchain experts and fanatics to discuss Good Shepherd’s proposed initiative. The event will be held in tandem with Blockchain 901, a professional organization that aims to expand the tech workforce in the Memphis area.

According to FedEx CEO, Fred Smith blockchain is the next frontier that’s going to totally change worldwide supply chains. The FedEx Institute of Technology is an unconventional technology and research organization that serves as the front door to the research infrastructure and innovation capabilities of the University of Memphis.

As reported by Coin Telegraph, in the month of June 2018 one more blockchain-based pharmaceutical project was announced by Microsoft and supply tracking solutions provider Adents. This different system offers end on traceability and visibility from the point of the source along the complete supply chain, which allows users to trace single product items within a case.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
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Shivani Bedre has been working as a content writer/editor for many years. With her interpersonal skills, she has the ability to generate content in a clear and precise manner. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy the website.

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