Provide tracking information and proof of goods provenance to authorized parties
Global supply chains have become increasingly complex, making product movements difficult to trace. Traceability and track and trace is becoming a regulatory requirement across many industries and yet, validating veracity of data, supporting regulatory audits, integrating siloed systems, automating end-to-end processes, and ensuring privacy is an afterthought for current approaches.
Maximize supply chain transparency with traceability solutions
Blockchain is the ideal technology for building a connected record of a supply chain and the provenance of individual items.
We provide one-time integration via ERP and SCM Adapters to the blockchain for our partners
Access granted to supply chain partners on selective basis to "view" data on blockchain
Key events in a supply chain are logged to a blockchain
Pharmaceutical companies in Europe and the US are required to serialize, track, and verify their drugs from production through to dispensing, to ensure safety and legitimacy. In the US, they must do so with an interoperable digital method by 2023.
Chronicled launched the MediLedger Project in 2017 as an ecosystem for the pharmaceutical industry. The Saleable Returns / Verification and Confidential Change of Ownership Solution Protocols leverage GS1 standards, and register ‘proofs’ of supply chain events to an industry ledger. The solution protocols emerged after a year of requirements gathering and R&D with pharmaceutical industry working group members, and is solving problems such as data privacy, exception handling, and aggregation. This hub and spoke data exchange minimizes integration costs and integrates easily with existing systems and scanning and packaging infrastructure.
By logging key supply chain events in an anonymous way, privacy is achieved while also full-item history, quality control, and mico-second verifications are assured. The result is a safer, more compliant flow of critical, often lifesaving, pharmaceutical products.