Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 04 2018

Niti Aayog working on blockchain tech to detect spurious drugs

The agency was working with judiciary too to see the civil cases related to land registration and mutation were expedited, he added.

Niti Aayog working on blockchain tech to detect spurious drugs

Niti Aayog is planning to implement blockchain (decentralised) technology in pharmaceutical supply chain management with Apollo Hospitals and information technology major Oracle to detect spurious drugs, Chief Executive Officer of NITI Aayog Amitabh Kant said here on Friday.

Addressing a gathering through video-conferencing at the inaugural session of International Blockchain Congress 2018 for which Niti Aayog was a co-host, Kant said the organisation was working on applying the blockchain technology to pressing problems of the country in areas such as land registry, health records and fertiliser subsidy distribution m among others.

"There is a need to use blockchain to track and trace medicines and spurious drugs. Therefore, Niti Aayog, in collaboration with Apollo Hospitals and Oracle, is putting pharmaceutical supply chain in blockchain for complete traceability of drugs from manufacturer to consumer to protect our citizens from the menace of spurious medicines," he said.

The agency was working with judiciary too to see the civil cases related to land registration and mutation were expedited, he added.

"The government has to play a leading role in allowing the application of blockchain technology. As the government, we need to make it easier to apply blockchain in pressing areas such as disbursement, land records, health records. Countries around the world had to improve and change the legal system to make themselves use blockchain technology," Kant said.

Emerging technologies such as blockchain technology were key drivers for ease of doing business and were essential for a free market, he added.

State Minister for IT and Industries KT Ramarao, Tech Mahindra Chief Executive Officer CP Gurnani and CEO of Nucleus Vision Abhishek Pitti also spoke.

The valedictory function of the International Blockchain Congress would be held in Goa on August 5.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Beauty Salons
    Bay Leaf Salon offers a wide variety of Hair &..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2021
    Investment size Rs. 20lac - 30lac
    Space required 550
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • About Us: "Earn Big Profit With Us in Healthcare Business &..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Healthcare & Medical Products
    ·        Incorporated in the year 2020, Midos Laborat..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Delhi Delhi
  • Kleenify Solutions specialize in providing disinfection solutions using EPA certified..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities