FedEx Institute Partners With Pharmacy to Use Blockchain for Cancer Medicine Distribution
The FedEx Institute of Technology has announced its partnership with pharmacy services company Good Shepherd Pharmacy to develop new blockchain-based infrastructure to help cancer patients get medications, news outlet Commercial Appeal reported July 6.
The FedEx Institute of Technology is an organization that serves as a promoter of interdisciplinary research in emerging technologies that operates in tandem with the research infrastructure of the University of Memphis. The institutions launched the Institute in February of this year in order to make University of Memphis a center of technology and research.
Memphis-based Good Shepherd Pharmacy reportedly recognized blockchain as a means to retrieve unused medications from cancer patients and pass them on to economically disadvantaged patients who would not be able to regularly afford them. A secure and immutable ledger would allow for a safe and confidential distribution of medical information. Good Shepherd Pharmacy's CEO Phil Baker said:
Source:
https://cointelegraph.com/news/fedex-institute-partners-with-pharmacy-to-use-blockchain-for-cancer-medicine-distribution