ServBlock offers a blockchain-based platform for pharmaceutical supply chain transparency and security. It provides immutable asset traceability and secure data sharing using a proof of location protocol to enhance efficiency and regulatory compliance.
Funding
Funding not disclosed
Founders
Product
Problem
Pharmaceutical supply chains face significant challenges with transparency, security, and efficiency due to reliance on paper-based workflows and a lack of verifiable asset traceability. This fragmentation hinders compliance, increases the risk of counterfeiting, and complicates quality assurance processes.
Solution
ServBlock provides a blockchain-based platform designed to enhance transparency and security across the pharmaceutical supply chain. Our solution leverages a proof of location protocol to ensure immutable asset traceability and facilitate secure data sharing among supply chain partners. By digitizing and verifying critical supply chain events, ServBlock eliminates manual processes, improves operational efficiency, and strengthens regulatory compliance. This enables a unified, auditable record of an asset's journey from origin to destination.
Target Audience
ServBlock targets pharmaceutical manufacturers, contract manufacturers, and suppliers seeking to improve their supply chain operations, ensure regulatory compliance, and enhance product authenticity.
Features
- Blockchain-integrated platform for end-to-end supply chain traceability.
- Proof of Location service utilizing GNSS, Cellular, and Wi-Fi triangulation for accurate, verifiable geographic data.
- Spoof-proof message authentication protocols to ensure data integrity.
- Immutable ledger recording of asset location and transaction history.
- Secure data exchange capabilities for collaboration among supply chain partners.
- Digital twin creation of the physical supply chain for enhanced visibility.
- Tools for managing audit and compliance activities within a centralized command center.
- Elimination of paper-based workflows for improved efficiency and reduced costs.
- R3 Corda blockchain platform utilized for its suitability for regulated institutions.