Blockchain is coming to rescue COVID-19 supply chain
Moderna and IBM have planned to explore how to distribute the COVID-19 vaccine using Blockchain, AI, and other technologies.
The pharmaceutical company is organizing a blockchain pilot to provide vaccines throughout. The government and healthcare providers are facing issues in supplying the COVID-19 vaccines from the manufacturer to the destination.
One of IBM’s in-house blockchain offerings is IBM Food Trust that provides similar results but in different sectors. Previously, IBM participated in an FDA pharmaceutical project and launched a Blockchain unit known as the Pharmaceutical Utility Network (PhUN).
Another famous amalgamation took place between Moderna and IBM, for Digital Health Pass. Digital Health Pass is a solution that allows blockchain to enable vaccine or test credentials to be verified. It recently uncovered a project with New York state, including the events at Madison Square Garden.
Michael Mullet, MD of Moderna, said that they are looking forward to applying digital innovations between organizations and governments.
Besides, IBM has started to offer wider solutions beyond health certificates. Moderna is a huge example here.