SAP Developing Blockchain Project to Detect Counterfeit Drugs

SAP Developing Blockchain Project to Detect Counterfeit Drugs

A well-known software company, SAP is working on project which taps the technology of blockchain in recognizing the authenticity of drugs. The blockchain-powered software that is under development by SAP with the collaboration with Boehringer Ingelheim, GlaxoSmithKline and Merck Sharp claims to enable the wholesalers to detect counterfeit drugs returned by pharmacies and hospitals.

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