Securing the pharmaceutical supply chain has reached a new level of sophistication with the full-scale adoption of blockchain technology. To comply with modern safety standards, every unit of medication now has a unique digital identity that is recorded on a decentralized, immutable ledger.

This technology provides "end-to-end" traceability. Manufacturers, distributors, and pharmacists can all access the same shared ledger to verify that a drug is authentic and has not been tampered with. This has drastically reduced the risk of counterfeit drugs entering the market. Furthermore, if a recall is necessary, blockchain allows the manufacturer to identify exactly which patients received a specific batch in minutes, replacing a manual process that used to take months.