Blogs

March 10, 2024
Can Blockchain Solve India’s Drug Counterfeiting Problem?
According to a March 2019 report, counterfeit drugs are responsible for the death of over 2,50,000 children per year. And while these numbers are jarring, they only illustrate the deaths related to counterfeiting in malaria and pneumonia drugs alone! At this rate, the real figures for all counterfeit drugs and vaccines and their corresponding effects may run in millions!
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March 6, 2024
How Can India’s Pharma Industry Win With a Blockchain-Based Track & Trace Solution?
The Indian pharmaceutical industry is facing major challenges in the area of traceability and security of its supply chain. The entire process of sourcing high-quality raw materials to sustaining the cold chain integrity of drug manufacturing to safety announcements and drug recalls – every stage is a cause of concern in the Indian context.
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February 7, 2024
How Blockchain, AI, and IoT Can Pave the Way For 0% Drugs Counterfeiting
Many times, patients unknowingly purchase counterfeit drugs prescribed by the doctor as treatment for a disease or illness. Not knowing the significance of the active ingredient present in the pharmaceutical drugs blindside these patients. As a result, several of the counterfeit drugs end up harming the health of the patient, making this market extremely risky for everyone.
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December 20, 2023
Enhancing Operational Efficiency with Digital Twins in WMS
In the fiercely competitive business landscape, warehouse efficiency is paramount. Traditional Warehouse Management Systems (WMS) are showing limitations, paving the way for digital twins—virtual replicas offering real-time insights. Digital twins integrate data from sensors, IoT devices, and WMS to create a dynamic 3D model of the warehouse. This enables real-time optimization of inventory, picking efficiency, equipment maintenance, process refinement, and space utilization. The benefits include increased operational efficiency, cost savings, agility, data-driven decision-making, and a competitive edge. As technology evolves, wider adoption and advanced functionalities are expected, making digital twins a transformative investment in warehouse management.
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December 16, 2023
Ethical Implications of Digital Twin Technology: Balancing Innovation and Privacy
Digital twins, while revolutionizing diverse fields, hold a Pandora's box of ethical dilemmas. From concerns about data ownership and algorithmic biases to job displacement and environmental costs, these virtual doppelgangers demand a balancing act. Balancing innovation with robust data protection, transparent AI, and stakeholder engagement is crucial to unlock the benefits of digital twins for all, without compromising our privacy and future.
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