HashCash provides blockchain traceability solutions to a major US pharma company
Hashcash blockchain solutions for a large US pharma company
Blockchain has proven its usefulness as an indispensable technology implemented in some of the largest global supply chains. The platform that powers Bitcoins ensures transparency and traceability throughout the process, offering real-time visibility for informed decision-making.
PALO ALTO, Calif. (PRWEB)
2 August 2022
Global blockchain development company HashCash Consultants added another achievement to its growing list of accolades. The company announced a partnership with a multinational American pharmaceutical company, where the former will offer its blockchain expertise to improve traceability and streamline medical supply chains.
Blockchain has been a game changer across medical supply chains where traceability and provenance are essential. Medical components can be dangerous if they exceed their expiration date, or are not stored under prescribed storage conditions. Blockchain’s time-stamped transaction storage is used by several pharma giants to optimize their existing operations, guaranteeing component sourcing from manufacturing to distribution and beyond.
HashCash CEO and blockchain pioneer Raj Chowdhury states: “Blockchain has proven its usefulness as an indispensable technology implemented in some of the largest global supply chains. The platform that powers Bitcoins ensures transparency and traceability throughout the process, offering real-time visibility for informed decision-making.”
In addition to medical supply and storage, blockchain has been widely used in global vaccination campaigns, especially during the recent worldwide pandemic. While the whole word focused on isolation and avoiding being infected by COVID-19, blockchain reinforced the process, minimizing interaction by eliminating middlemen for documentation. They were also critical to preserving the efficacy of these vaccines.
“Blockchain remains one of the biggest revelations of the current digital revolution. From powering future innovations to enhancing functions of the existing structure, the technology will benefit billions by promoting financial inclusion, equality and productivity,” concluded Chowdhury, who had previously expressed their support for blockchain use in education management and carbon emissions reduction. .
Based out of the US, HashCash has won top honors in global blockchain development. Distributing products in over 26 countries on 6 continents, the company has been consistent in exceeding customer expectations and prioritizing innovation and excellence. HashCash has been well versed in blockchain consortium, IoT, supply chain and traceability solutions having partnered with businesses across the US, Spain, Europe and more. The firm has also been involved in building blockchain prototypes for vaccine distribution, drug fraud prevention, child trafficking and more.
Blockchain’s undeniable contribution across any domain that requires documentation and subsequent validation has driven its implementation across major supply chains in the world, including case-sensitive pharma companies. Companies can integrate the technology to take advantage of better business growth opportunities through the optimization of processes and subsequent cost reductions.
- About HashCash Consultants:
HashCash is a global software company. HashCash Blockchain products enable businesses to move assets and settle payments across borders in real-time for money transfers, trade finance, payment processing and more. HashCash operates a US-based digital asset exchange, PayBito, and digital asset payment processor, BillBitcoins. HashCash offers software solutions for white label crypto exchange and payment processor, ICO services and custom use cases. HashCash drives advancements in technology through Blockchain1o1 programs and investment arm Satoshi Angels. HashCash offers solutions in AI, Big Data and IoT through its platforms, products and services. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients worldwide.
Share the article on social media or email:
