Around 2 billion people around the world do not have access to essential medicines, such as those to treat HIV/AIDS, malaria and tuberculosis. These diseases killed approximately 6 million people in 2016 alone. Since then, this number has been reduced by 40%. Numerous organizations that aim to maximize access to medicine and healthcare are to thank for these results, and I+solutions is among them. They form an independent non-profit organization, specialized in pharmaceutical supply chain management for developing countries. Their mission: to ensure that essential medication reaches those who need them and to make sure they never go out of stock.
The (medical) supply chain can be challenging. After the exploration of blockchain technology, unchain.io and I+solution came to the following conclusion: we have to solve the lack of end-to-end visibility of supply chain processes. Understock and overstock situations result in not being able to help those in need. Overstock leads to a waste of medication, due to expiry dates. Understock situations can lead to interruptions in treatment, with potentially lethal consequences. In addition, counterfeit and fake medicine is a growing issue.
There are a lot of different parties involved in the medication-distribution process—each with their own isolated IT system or means of registration. Blockchain technology was used to collect the data from the various parties and feed it into a control tower for end-to-end visibility and transparent management of the supply chain. This solution was executed in Nigeria to showcase the feasibility of blockchain technology for this industry.
This blockchain pilot is part of a larger collaboration with the Nigerian government to develop a point-of-view and action plan for the implementation of a blockchain network to assist the distribution of medication in Nigeria.