a new consortium. Walmart has joined MediLedger, a consortium building a blockchain solution for tracking the provenance of pharmaceuticals.
The crossover to the pharmaceutical supply chain should carry an equal amount of sway as the work being done on food tracking through IBM’s Food Trust. This consortium will no doubt boost MediLedger, whose members already include pharmaceutical manufacturers such as Pfizer and the three largest pharmaceutical wholesalers, McKesson, AmerisourceBergen, and Cardinal Health.
MediLedger’s entrance into the market was based around the verification of drugs that are returned to be resold. This accounts for a small share of the pharmaceutical market.
This place makes me sick!
Walmart has to figure out how to shift its profit model so its employees can breach their current social standing. Otherwise, who gives a shit what Walmart is doing?
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