Pharmaceutical Supply Chain Track and Trace Proof-of-Concept

Industry: Medical Prescription Manufacturing, Shipping and Logistics

Overview: Utilize Blockchain to create a trusted, immutable record for tracking shipments of highly regulated substances such as opioids.

Challenge: Tracking shipments of highly regulated products is often cumbersome with many parties involved in manual processes which opens the process up to a high potential for inaccuracy or fraud.

Solutions: Utilize a distributed ledger, on a Swirlds Hashgraph network to more accurately track shipments of highly regulated substances.

Technologies: Swirlds Hashgraph

 

Summary:

Within the pharmaceutical supply chain, regulatory compliance can place a massive burden on all parties. Many existing supply chains utilize manual processes that can drastically increase the possibility of manual errors and the potential for fraud. Since the introduction of Blockchain and Distributed Ledger Technology, Shipping, Logistics, and Supply Chain tracking have become one of the most popular use cases.

This proof of concept we were able to demonstrate that Blockchain technology is an ideal solution for tracking and compliance. Within the Pharmaceutical Supply Chain, Blockchain can be used to create more transparency throughout the process, in addition to an immutable record to ensure safety requirements and regulations are being met and are in compliance. It was built as a demonstration for applying Swirlds Hashgraph technology to the regulated supply chain space.

UX Examples of Reports from Solution

Blockchain Proof of Concept for Helios Energia, a Real Estate Investment Firm

Industry: Financial Services, Real Estate

Overview: Our client was looking to build a proof-of-concept to demonstrate the tokenization of ownership of real estate, and ability to fractionalize said ownership of real property.

Challenge: Helios Energia, a Real Estate Investment Firm was exploring the idea of creating an application that demonstrated the ability to fractionalize ownership of real estate to lower the barrier of entry for investments.

Solutions: Utilize a Blockchain network to tokenize property within a portfolio so ownership can be easily verified, and fractionalized between several parties.

Technologies: Angular, Iconic, Hyperledger Fabric and Composer, Node JS, IBM Cloud Kubernetes container

 

Summary:

Helios Energia, a Real Estate Investment Firm approached TxMQ with an idea to fractionalize property ownership of an investment portfolio to lower the barrier of entry for potential investors. The idea is very similar to crowdfunding a product or service, but also creates an opportunity for real estate ownership for those who may not have the immediate capital or knowledge to invest on their own.

When the Helios team came to TxMQ, immediately it was identified that Blockchain would be a perfect match for their needs. This particular project required the property asset to be digitally tokenized so that ownership could be shared and verified in a secure trustless environment. The ability to tokenize assets is one of the main selling points for Blockchain adoption, and there are many new use cases that have been realized due to this unique feature.

In this case we delivered a Proof-of-Concept that conceptually showed it was possible to tokenize assets on a Blockchain which opened up the opportunity to fractionalize these assets for ownership. TxMQ delivered a Kubernetes containerized application, available on mobile UX interface for ease of management, and visibility.

Screen Shots, and UX examples for Proof of Concept: