Business Need

Fake and counterfeit drugs constitute 25% of the domestic Indian pharma industry.
– ASSOCHAM

47% drugs constitute of the drugs are ineffective.
– Department of Food Safety and Drug Administration,Uttar Pradesh

Customers are sceptical of counterfeit drugs. Regulators are worried.Therefore, it's imperitive that online pharmacy needs to assure authenticity of drugs through tracking of every single constituent

Solution

Track individual drug units from manufacture until customer delivery through a secured, distributed and untampered data store. Make it available to customer and regulators to track the entire supply-chain.

Sample Data

Track Id

: ORDER_002

Manufacture Login

: pikaysmedicosurgicals@gmail.com

( Password is same as Username )

Result

This translates into trust and good-will on customer front as they are assured that the technology delivers 100% authentic products, for the retailer this means better brand value and higher sales.

The regulators have a hoard of disconnected data, split amongst multiple stakeholders, which have to be correlated. Blockchain gives provenance across the entire supply-chain, enabling the regulators job.

Technologies Used

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Business Need

When it comes to our food supply, "what we don’t know" most certainly can hurt us. In September 2018, Ikea (a Swedish multinational) in Hyderabad, India was found guilty of serving substandard food. It was fined by the municipal corporation. The probable reason was the semi cooked food supplied by its vendor was not good. The regulators and Ikea wanted to find the exact reason for the same, to prevent re occurrence.

It is becoming all too apparent that current food safety and quality management systems are simply not designed to detect or sophisticated enough to prevent fraud, or mismanagement occurring in our food chain.

Solution

Track individual food units from manufacture until customer delivery through a secured, distributed and tamper free data store and make it available to customer and retailers to track the entire supply-chain. IOT can also be integrated to provide real time inputs.

Result

Blockchain provides a clear picture of how food is tracked, procured, stored, processed, transported and sold. The stakeholders involved in the "farm to fork" chain can immensely benefit in terms of tracking the goods to ensure quality, thereby having better sales, assuring regulators of the authenticity of food, and the providing end customer a healthy and high quality food.

Sample Data

Track Id

: ORDER_001

Tracing the Link

Technologies Used

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Business Need

The cost of new customer acquisition can be seven times costlier than customer retention, according to a report by Bain & Company. Loyal customers are one of the primary drivers of any for-profit business. By building loyalty rewards programs, companies aim to heighten the customer experience.

Rewarding loyalty through e-wallet payments is picking up. An e-Wallet provider ties up with multiple vendors to offer loyalty points for their goods and services bought. Blockchain assures that, the end customer is not robbed off the loyalty rewards and offers a readymade loyalty platform for providers.

Solution

E-wallet, a part of reward application, is the point of entry into the loyalty network. Single wallet platform can manage multiple membership programs.

When the customer transacts with the vendor on the loyalty e-wallet platform for the first time, the customer gets an e-Wallet with a balance. Loyalty points for subsequent purchaces gets accured in the e-wallet. This is stored in a shared ledger. Since this ledger is visible to all the stakeholders, customer trusts it. He is assured that his balance is not stolen.

Result

Rewards are credited directly to customer e-wallet and all the rewards can be accessed through crypto wallet. Transactions are irreversible, preventing double spending, fraud, abuse, and any other type of manipulation of the transactions. End customer is happy that he can keep track of the balance. The vendors are happy retaining loyal customers. Thanks to the e-wallet driven by blockchain.

Technologies Used

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