Can Block Chain Fix the Supply Chain?
The presence of expired drugs in the market is a growing global problem, representing a serious risk to patient safety, fake drugs and inappropriate records. As a pharmaceutical company and regulatory authority, blockchain technology will be dissolved as a powerful tool to improve traceability, security and accountability in the drug delivery chain.
How will expired medicines enter the market? 
Several factors contribute to the distribution of expired drugs, such as:
Less of real-time tracking: Traditional persecution systems rely on manual records, making it difficult to prove expired medicines before they are distributed.
Inefficiency: Poor inventory management and delayed recalls keep expired medications longer than necessary.
End-to-end transparency: Blockchain records all transactions within the supply chain and can modify processed data or prevent bad product stories. Manufacturers, regulators and pharmacies have access to actual data about their medication journey. Identifying affected units ensuring swift recalls without disrupting the entire supply chain. By scanning QR codes or RFID dates linked to the blockchain, consumers and pharmacists can quickly check the product’s reliability and process status.
Pharma Block chain Applications
Large pharmaceutical companies and regulators are already testing blockchain solutions. In the US, the DSCSA (FDA S S Security Act of the FDA) promotes the use of blockchain to improve drug traceability. In Africa, blockchain initiatives will help governments pursue distribution of essential medicines and prevent expiration or fake medicines from entering the health system.
As blockchain futuristic technology in health security advances, supply chain security could further enhance supply chain safety with the integration of AI, IoT sensors and large data analytics using blockchain. By implementing this technology, pharmaceutical companies and regulators can create a safer, more transparent supply chain that protects consumers and ensures that drug therapy is safe and effective.