iSolve – blockchain for value chain across pharmaceutical industry
iSolve has developed an Advanced Digital Ledger Technology (ADLT) platform to remove data silos by creating an interoperable platform. This platform is complementary to existing systems/processes and can also incorporate new technology like Internet of Medical Things (IoMT) and facilitate machine learning and big data. This platform can solve a wide range of issues such as global supply chain track, R&D, clinical trials, and the movement of patient medical records.
Company
iSolve
Status
Complete
Tags
- Drug Supply Chain
- Clinical Trials
- Tech
Problem statement
Data silos and lack of data provenance is very common in Biopharma, Healthcare, Medical Device Manufacturers and Life sciences industries.
Approach
The company created Advanced Digital Ledger Technology (ADLT) platform (an interoperable platform) and can incorporate new technology like IoMT and facilitate Machine Learning and Big Data. By creating a network of trusted partners that are incentivized, it provides the solutions for easy transfer of information and creating new revenue models.
Technical details
ADLT platform provides an interoperable solution for easy and secure data transfer and creates the source of data that is required for business/regulatory reasons. It is an enterprise blockchain solution that creates a distributed, highly secure, immutable, and auditable record of transactions between organizations.
ADLT platform has been developed since 2016, along with the creation of the BlockRx project, which is the iSolve’s platform. By 2018, ADLT has been integrated with BlockRx-Pharma pilot ecosystem.
Healthtech O2O Summit 2018
Presented
HDA’s 8th Annual Traceability Seminar
Presented
Pistoia Alliance Debates Webinar
Presented
Interphex 2017
Presented
{"DisruptiveRx"=>"Pharma Blockchain Bootcamp"}
Presented
References
https://isolve.io/thought-leadership/webinars/
https://isolve.io/thought-leadership/meet-us/#events1
https://blockchainhealthcarereview.com/isolve-innovation-drug-supply-chain/
This use case first appeared on Chain 76 Use Cases — a review of blockchain technology implementations and deployments in the pharma and healthcare sectors.