Blockchain to Combat Fake Medicines in India?

[kjn311]

That's a really cool idea. A large number of counterfeit products can kill people and cripple young and working-age people, which is not good for the economy.

[nianastasia62]

Idea the good and use its need to to nation was healthy. The article was written a long time ago. Do you have information about the use of blockchain in this industry ?

[vixcious]

After putting a virtual ban on cryptocurrencies, the Indian government is planning to come up with a blockchain solution aimed at combatting India’s counterfeit drugs trade. NITI Aayog aims to combat India's counterfeit drugs trade with the help of the Blockchain technology.

Read the full article here - https://coinfrenzy.io/blockchain-combat-fake-drugs-india/

Once again we witness the influence of blockchain technology on the world. Blockchain technology really helps us but it can also be exploited by bad guys. This is something that nobody wants in the crypto market, we need to ask the government to solve this.

[EvgenOrel]

Finally, a real project where the blockchain is needed. For such purposes it should be applied. Medicine because of its high marginality attracts fraudsters who fake medicines and kill people.

[SaRmY]

  They prohibit, but will still use technology. What is the logic. Maybe it’s time for countries to keep up with the times. Perhaps this project is a scam. It is necessary to study in detail.

[BillyBelmonte]

After putting a virtual ban on cryptocurrencies, the Indian government is planning to come up with a blockchain solution aimed at combatting India’s counterfeit drugs trade. NITI Aayog aims to combat India's counterfeit drugs trade with the help of the Blockchain technology.

Read the full article here - https://coinfrenzy.io/blockchain-combat-fake-drugs-india/

There is no need to think about the necessity and possibility of using blockchain. The problem and the way to solve the problem is clear to all at once. It remains to implement it. Pretty good idea, just a question, why only the Indian market?

[Vaculin]

I agree that blockchain could help in combatting fake medicines, but the question remains - will the government actually start doing it?

They are not against blockchain, but against crypto due to ban.
I don't think that this ban will be forever, india is not really a big country and once big countries starting to formulate a good regulation, I believe
they will reverse the ban and will regulate crypto. What I know for now is that they ban crypto, but not blockchain, so they might still be interested.

[Iwillgotothemoon]

Blockchain can help many traditional industries, such as the fake drugs you list, but only if the blockchain is accepted by the government and can be strictly regulated.