Tech Mahindra to launch blockchain-based system to track vaccine supply

IT firm Tech Mahindra has said it will roll out a blockchain-based open source system to track vaccine supply chains worldwide. “The partnership aims to roll out blockchain-based traceability solution for global vaccine supply chain transparency, predict and prevent failures in supply chains, including problems related to expired vaccines, stock out and counterfeiting,” the company said in a statement. The companies will work with vaccine researchers, governments, pharmaceutical companies, distributors and healthcare workers to understand various steps of the supply chain. This partnership “will not only ensure safety and validity of vaccine supply but also help in adherence to complex regulatory requirements, set up by Drug Administration Authority in any country,” said Rajesh Dhuddu, Blockchain and Cybersecurity Practice Leader - APAC and EMEA, Tech Mahindra.