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Walmart, Merck, IBM, KPMG, FDA Collaborate on Blockchain Project

blockchainWalmart is teaming up with IBM, Merck, KPMG, and the U.S. Food and Drug Administration on a blockchain project that will track and identify prescription medicines and vaccines that are distributed in the U.S.

It is meant to support the U.S. Drug Supply Chain Security Act and will help supply chain stakeholders develop a system to trace certain prescription drugs as they’re distributed.

“Reliable and verifiable supply helps improve confidence among all the stakeholders — especially patients — while also strengthening the foundation of our business.”

Read more at Talk Business & Politics.