Blockchain-bades Supply Chain Financial Services Platform for Pharmaceutical Procurement

At the core of stakes, we have improved efficiency, transparency and operation of supply chain finance.

Living henceforth into the hyper-connected era where security and privacy requirements and concerns are at the core of stakes, IBM and Sichuan Hejia Co., Ltd., has launch of a blockchain-based, supply chain financial services platform for pharmaceutical procurement to help improve efficiency, transparency and operation of supply chain finance.

I can observe that, working with IBM, Hejia has established a blockchain-based business network among these supply chain participants.  By tracking drugs through the supply chain and encrypting trading records, the transparency of the blockchain can help establish the authenticity of the transaction.