Blockchain in Covid: How is it Benefitting the Pharmaceutical and Logistics Companies?

Blockchain in Covid: How is it Benefitting the Pharmaceutical and Logistics Companies?

A Blockchain development company in India providing smart contact, etherium, hyperledger, wallet and cryptocurrency development. 15+ Yrs EXP. | Strict NDA

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It was December 2019 when the novel coronavirus pandemic hit the globe like a storm. All the nations worldwide were looking towards the pharmaceutical industry for a vaccine that will combat the virus.

To a surprise, developed nations and some developing countries like India made this possible within a year by developing their own vaccine to address the novel coronavirus. While some have vaccines developed by Pfizer and Moderna, others have Covishield, Covaxin, and Sputnik.

News of the vaccine trials brought a sigh of relief to billions of people worldwide, but many were also concerned about the safety and efficacy of the vaccine. Jason Kelley, says, “A vaccine is not effective unless and until it is not distributed and trusted by customers.”

For this, manufacturers and logistics companies delivering the vaccines heavily rely on blockchain technology to empower the vaccination distribution network to inject speed, accountability, and infuse transparency across the system. Due to this, the blockchain development companies India have come into their own.

With the blog, you will get to know the benefits of Blockchain in vaccine drive and how it effectively monitors and strengthens the system in Covid times.

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