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SAP launches Blockchain-cooperation in the field of health

The Tech company SAP is cooperating with the Blockchain-company Chronicled. Co-operation is the verification of prescription medication. With these Blockchain-b

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SAP launches Blockchain-cooperation in the field of health

The Tech company SAP is cooperating with the Blockchain-company Chronicled. Co-operation is the verification of prescription medication. With these Blockchain-based systems the cooperation of partner companies want to help with the implementation of the U. S. Drug Supply Chain Security Act (DSCSA). The technology of Bitcoin and co. always finds more appeal in the health industry.

From Polina Khubbeeva
5. September 2019BTC$10.583,91 1.69%part Facebook Twitter LinkedIn xing mail

The software vendor SAP announced on 3. September, his most recent Blockchain-partnership. In the News Post on the company's own Website, the IT giant explains its cooperation with Chronicled Inc. This is a Software company, the companies with block chain-based Ecosystems supplied.

the project is Embedded in the "SAP Information Collaboration Hub for Life Sciences". This is a program, which the software developer launched in November 2017. Is described this collaboration centre as a "public Cloud network, which is the cooperation between pharmaceutical trading partners in the supply chain easier."

SAP wants to. companies in the implementation of the US-medicines regulation

help the co-operation with SAP, the product "MediLedger will play" a Central role This open and decentralized network for the pharmaceutical supply chain was developed by Chronicled. It's in particular safe and simple payment processes, and Tracking mechanisms on the Blockchain. The press release, according to nine of the world's Top pharmaceutical companies already use the described combination solution. Two of the three major U.S. drugs distributor use also seem to be the Tool.

The cooperation will serve companies in the future to the reliable fulfillment of the U.S. pharmaceutical supply regulation. This statutory requirement with the title of U. S. Drug Supply Chain Security Act (DSCSA) relates to the traceability of medicines. SAP and Chronicled want to help the pharmaceutical companies so in the legally compliant distribution of your products in the United States.

The DSCSA applies especially to the medicines that come back after the sale to pharmacies and hospitals. These are sold in the rule, provided that their authenticity can be reliably checked. The cooperation with MediLedger developers Chronicled extends the offerings of the SAP Information Collaboration Hub to numerous companies.

MediLedger itself was developed in 2017 by the pharmaceutical giants Pfizer and Genentech. Also SAP has worked intensively with the technology of Bitcoin & co. the group managed, for example, in addition to Siemens and Allianz in April 2019 in the Forbes list of Top-Blockchain-User among the large corporations.

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