How FarmaTrust Is Using Blockchain Technology To Keep Pharmaceuticals Safe and Secure

in #farmatrust7 years ago (edited)

There is a scourge that kills 120,000 to 1 million people worldwide per year. The sad thing is, everyone one of those deaths were completely preventable.  That problem is counterfeit pharmaceutical drugs. A problem made worse by the sheer cost to maintain a safe and secure supply chain.

Now, one innovative blockchain project is seeking to reduce those deaths to zero. That project, FarmaTrust, is already helping to safely track drugs from the manufacturing facility to the consumer's hands. 

So how does FarmaTrust work?

FarmaTrust uses blockchain technology that allows everyone from the manufacturer to the pharmacist to the consumer to track every drug at every waypoint. With this level of unprecedented level of transparent tracking, the chances of drug fraud are radically reduced.

What about FarmaTrust security? 

FarmaTrust is not dependent on a centralized body. And with its immutable ledger, every drug transaction is completely transparent. The result is a technology than can scaled to help securely track every drug around the world.

Staking

Farmatrust uses FTT and ZOI token. The FTT tokens are staked which can be used to receive ZOI tokens. The ZOI tokens are internal currencies can be exhanged exclusively on the Zoi platform. The ZOI tokens are used for Farmatrust services. FTT tokens are exchangeable. 

Will FarmaTrust be adopted?

FarmaTrust's use of blockchain technology can reduce the cost of supply chain tracking, thus making the technology attractive to drug manufacturers, transporters and pharmacies. That means the consumer is more likely to have their critical drugs tracked in a safe, secure and transparent manner. 

Zero deaths from counterfeit drugs

FarmaTrust has the potential to completely eliminate deaths of hundreds of thousands of people per year. Help spread the world about FarmaTrust. This technology may potentially save your life in the future. Or the life of someone you love. 

This is an entry to a contest sponsored by @originalworks

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