Block chain technology helps to handle the menace of illegal drugs and ensuring tracking of drug value-chain. Explain (200 Words)
Refer - Financial Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
Illegal drugs
· While the government, as per a 2013 parliamentary report, says only 0.3-0.4% of drugs fell into illegal category, various industry reports have held the share to be as high as 25-40%.
· CAG had reported that 15-31% of the drugs from different Armed Forces Medical Store depots were not of standard quality.
· With plans to bring in IoT (internet of things), the government can also check if the right temperature was maintained during delivery or not.
Block chain
· The technology works by creating a spreadsheet where all changes are registered.
· Parties can verify each step of the process and raise concerns in real-time.
· The system can also be used in building a more secure health infrastructure.
· Even the patient can confirm the genuineness of the medicine.
· The government can keep a track record of the entire process.
· Even private hospitals can be brought on board to check spurious drugs at all sources.
Dev 3 years
Please review and provide feedback
IAS Parliament 3 years
No need to mention about block chain technology. Keep Writing.
