Uganda to Employ MediConnect’s Blockchain Solution for Tracking Illicit Drugs July 23, 2019 July 23, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 23, 2019 by Kelly Cromley

Uganda to Employ MediConnect’s Blockchain Solution for Tracking Illicit Drugs

The Ugandan regime has collaborated with blockchain firm MediConnect to detect fake drugs. Uganda’s President, Yoweri Musevini, Health Minister Jane Ruth Aceng as well as other public officials backed the blockchain-powered MediConnect tool intended to address multiple pharmaceutical industry problems.

The govt explicitly noted that the platform for monitoring fake drugs would be deployed. The system allows prescription drugs to be recorded, thus detecting fictitious drugs and blocking their release in the supply chain of pharmaceuticals.

10% of the nation’s approved medicines, according to the Ugandan National Drug Authority, have duplicates which can be openly offered on the market.

Dexter Blackstock, CEO of MediConnect, explained why it is a win-win situation for both MediConnect and Uganda.

“The Ugandan President, Minister of Health and National Drug Authority all understand the need to act fast to tackle the country’s counterfeit drug problem and recognise the benefits offered by tracing medication on the secure, scalable blockchain framework we are developing. We see this as an important opportunity for MediConnect to form part of Uganda’s national infrastructure and protect its citizens by ensuring all drugs in circulation are authentic and safe.”

After the successful completion of 2019 Africa Blockchain Conference in Kampala, chaired by Museveni, both parties inked a collaboration. In his opening address, Museveni advocated the implementation of blockchain technology in Uganda.

Awhile back, 46 institutions became a member of Binance Charity Foundation to advocate the “Pink Care Token” (PCAT) aimed at assisting the development of women’s wellness in emerging economies. PCAT and sanitary pads were to be delivered for the first time in Uganda in mid-July.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.