How Hyperledger Fabric Drives the Next-Generation Pharma Supply Chain?

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How Hyperledger Fabric drives the
next - generation Pharma Supply Chain?

• In today's context, each and every human being is
  entitled to state-of-the-art health facilities.
  As far as the health industry is concerned, an
  increasing number of diseases on a daily basis is
  something that cannot be ignored, as the welfare
  of each and every human being is important. The
  major issue that is currently plaguing the
  pharmaceutical industry is counterfeit or fake
  drugs.

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• This is the primary reason for pharmaceutical
  companies turning to hyperledger fabric to
  improve and enhance their supply chains. Before
  learning in-depth about using hyperledger fabric
  for the pharma supply chain, it is necessary to
  understand the term 'Hyperledger Fabric.'

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What Is Hyperledger Fabric ?

• Hyperledger Fabric is hosted under the umbrella
  of The Linux Foundation. It is a blockchain
  framework implementation that helps develop
  applications or solutions with a modular
  architecture.

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Hyperledger fabric For The Pharma
Supply Chain

• Each and every global enterprise that is
  concerned with data security and access to
  information regulations will have hyperledger as
  its blockchain platform of choice. Hyperledger
  Fabric helps enhance the security of a blockchain
  by conducting drug record transactions on a
  blockchain. This is done to create a smart
  healthcare ecosystem using a drug supply chain.
  Hyperledger Fabric blockchain launches a smart
  contract and provides

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• time-limited access to patient electronic health
  records and electronic drug records.
• Though coin-based models serve as a suitable
  incentive for participation, not everyone is
  ready for cryptocurrency. Another feature that
  allows Hyperledger Fabric to stand apart from
  other blockchains is its focus on privacy.

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DocuSeal

• So, what is the DocuSeal Framework?
• Enterprise communities that are highly regulated
  will have unique requirements. Keeping this in
  mind, the Hyperledger community designed the
  DocuSeal Framework. DocuSeal is a framework that
  is designed to authenticate documents using
  blockchain technology through an iOS application.
  

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• In a DocuSeal framework, the documents that are
  uploaded can be sealed in private storage, and
  these can be tied to a unique hash that is stored
  immutably on a private blockchain. These
  documents can be deleted or can be shared with
  other users.

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• Each time a document is accessed, the
  authenticity of the document can be verified.
  Here, the 'right to be forgotten' is preserved.
  This helps wipe out the private storage whenever
  necessary. The hashes on the blockchain are also
  preserved. Selvedge, the enterprise-grade
  blockchain app server developed in Golang, can
  also be used as it assures real-time performance
  metrics.

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• The DocuSeal Framework aids users in document
  storage and sharing, as it is similar to a
  Dropbox. It also takes care of security and
  timestamping. It also helps stakeholders leverage
  the power of smart contracts for driving
  inter-enterprise workflows.

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Hyperledger Fabric to Provide Innovative
Medicines to patients in need

• Testing new medicines is a tedious process.
  Today, there are more than 800 pharma companies
  and biotechs that are working with vendors to
  supply medicines for more than 10,000 clinical
  studies to tens of thousands of clinical sites.
  In 2017,

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• the Hyperledger community joined hands with
  industry leaders such as Merck, UCLA Health, GSK,
  Pfizer, ThermoFisher, BioGen, and IQVIA, as part
  of the Clinical Supply Blockchain Working Group
  (CSBWG). Within the next two years, they built
  their pilot on Hyperledger Fabric in order to
  address this challenge, and this was named
  KitChain.

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• KitChain aims to demonstrate a robust
  collaborative model that was developed to manage
  the pharmaceutical supply chain. It was developed
  to create an immutable record for event tracking
  and shipment without the need to get involved in
  paperwork and manual transcription from one
  system of record to the other. Its secondary goal
  was to expose the potential flaws of the
  system.The world is now looking ahead to 2023
  when the Drug Supply Chain Security Act (DSCSA)
  will come into full effect with several
  requirements for traceability.

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Conclusion

• World Health Organization (WHO) states that more
  than 30 of the total medicines sold in Asia,
  Latin America, and Africa are counterfeit. The
  safety of the pharmaceutical supply chain is, no
  doubt, a collective process, and it has become a
  major point of concern for public health.
• To become a hyperledger expert and know more
  about hyperledger certifications, check out
  Blockchain Council.

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Blockchain Council Certifications

• You can check out our certifications, and kick
  start your career in the Blockchain space today.
• Certified Blockchain Expert
• Certified Blockchain Developer
• Certified Smart Contract Developer
• Certified Solidity Developer
• Certified Ethereum Developer

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