Counterfeit drugs is a menace that continue to plague the supply chain of the pharmaceutical industry, several regulatory bodies and the Pharma companies have endeavored to reduce the circulation of expired and fake drugs, yet the drugs continue to find its way to pharma shelves. Consequently mortality rate, especially in developing and third world countries is on the rise.
FarmaTrust Team, having studied these concerns, created a Blockchain based Platform, currently in use, the ZOI supply chain information exchange platform. It is a bridge between Pharma Regulatory bodies and the genuine registered Pharma companies. ZOI platform integrates a software system of artificial intelligence, machine learning, Internet of things IOT and data analystics deployed on Blockchain Tech with hardware to monitor and ensure that only genuine drugs from Trusted registered Pharma companies across the world travel the pharma supply chain. The hardware in this case refers to the pharma product, to achieve this feat, Farma Trust has engaged key stakeholders within the supply chain, namely Pharma companies, Pharma freight logistics, Regulatory bodies, Pharma stores ,Hospitals who provide access to data for data analytics valuable on the Platform to ensure a Trust secure supply chain.
Basically the ZOI platform is powered by an ERC token FTT currently hosted by the Ethereum Blockchain, ZOI generates and assign a unique token to each pharma product manufactured at the point of exiting the factory. The unique token is registered on the immutable Blockchain, this is readily available for viewing and verification at stops within the supply chain to all stakeholders, from the factory to the End User. FarmaTrust will incorporate a permissioned Blockchain to securely host information for private view by Bodies concerned. As Entrepreneurs, Corporate organizations become aware of the inherent power of the Blockchain technology to authenticate, decentralize and record immutable information depending on how it is deployed. The FarmaTrust believes that the information services rendered by the ZOI platform within the Pharma industry supply chain when deployed on Blockchain will further eliminate the dispatch of fake expired drugs in a swift efficient manner. A number of Blockchain companies existing in the Pharma supply chains are on the crypto market, ZOI platform plays a complementary role with these Blockchain companies however, FarmaTrust competitive advantage lies in the tracking of information and data of each individual Pharma product and made readily available to the Regulatory Bodies within the network.
Main sale is available on https://tde.farmatrust.io/user/
The Farma Trust Team and Advisors are an experienced vibrant Team. The Chairman Anthony St John is a crossbench member house of Lords, Appointed Managing director of Globix web hosting and Director of several listed and private companies https://www.linkedin.com/in/anthonys1 the Founder and CEO Rajah is experienced in Marketing https://www.linkedin.com/in/rsharif
Advisor David Allen Cohen is a former founding member of IOTA,an expert in blockchain,cutting edge computing, Artificial Intelligence and cyber security,He is founder of decentralized Artificial intelligence,he’s a co Advisor with Mingocoin,We power,A+payments https://www.linkedin.com/in/davidallencohen Roadmap details are available on the website.
IMPORTANT LINKS.
Website https://farmatrust.io
Whitepaper https://farmatrust.io/sites/default/files/farmatrust_whitepaper_v2.0_0.pdf
Telegram https://t.me/@farmatrust
Bitcointalk Thread https://bitcointalk.org/index.php?topic=2505698
Bitcointalk profile https://bitcointalk.org/index.php?action=profile;u=2100818