September 26, 2022

Afghanistan uses blockchain to fight counterfeit drugs

Afghanistan Ministry of Health signs partnership with FantomOperations startup, as part of which will be developed blockchain solution aimed at combating counterfeit medicines.

Afghan government worried about quantitycounterfeit medicines imported into the country. According to a report by the European Asylum Support Service, 40% of drugs and medical equipment enter Afghanistan illegally, and their quality leaves much to be desired.

In addition, the system will store digitalmedical records of patients. Ferozuddin Feroz, the country's Minister of Health, believes that the blockchain will ensure the transparency of medical data and will guarantee their safety and consistency, and patient care will be much faster and more efficient.

In September, the UAE Ministry of Healthlaunched a blockchain platform for storing estimates of medical workers made by local licensing authorities. In addition, according to a study by the consulting company Acumen Research and Consulting (ARC), by 2026, the amount of financing for the blockchain in the healthcare market will exceed $ 1.7 billion.