modum
About modum
The startup utilizes blockchain technology to enhance drug safety by providing an immutable ledger for tracking pharmaceutical supply chains. This ensures transparency and accountability, reducing the risk of counterfeit drugs entering the market.
<problem> Counterfeit drugs pose a significant threat to public health, as they may contain incorrect ingredients, improper dosages, or harmful substances. Traditional pharmaceutical supply chains lack transparency, making it difficult to track and verify the authenticity of drugs, increasing the risk of counterfeit medications reaching consumers. </problem> <solution> This startup provides a blockchain-based platform for tracking and tracing pharmaceutical products throughout the supply chain, from manufacturing to distribution and dispensing. By recording each transaction and movement of a drug on an immutable, distributed ledger, the platform creates a transparent and auditable record of its provenance. This allows stakeholders, including manufacturers, distributors, pharmacies, and regulators, to verify the authenticity of drugs and identify potential points of diversion or counterfeiting. The platform enhances supply chain security, reduces the risk of counterfeit drugs entering the market, and improves patient safety. </solution> <features> - Blockchain-based tracking and tracing of pharmaceutical products - Immutable and transparent record of drug provenance - Real-time visibility into the supply chain - Secure data sharing among stakeholders - Verification of drug authenticity - Identification of potential points of diversion or counterfeiting - Compliance with regulatory requirements </features> <target_audience> The primary customers are pharmaceutical manufacturers, distributors, pharmacies, and regulatory agencies seeking to enhance supply chain security and combat drug counterfeiting. </target_audience>
What does modum do?
The startup utilizes blockchain technology to enhance drug safety by providing an immutable ledger for tracking pharmaceutical supply chains. This ensures transparency and accountability, reducing the risk of counterfeit drugs entering the market.
Where is modum located?
modum is based in Zürich, Switzerland.
When was modum founded?
modum was founded in 2016.
- Location
- Zürich, Switzerland
- Founded
- 2016 0