Trusted vaccine distribution enabled with blockchain
Ensure the trust of vaccines from inception to injection
Overview
How blockchain can help with vaccine distribution
News of the first successfully completed vaccine trials have the potential to bring relief to billions of people around the world. But as encouraging as these trials may be, it is extremely important to note that a vaccine cannot be as effective if it is not effectively distributed and trusted by the public.
As 77% of U.S. citizens are concerned about the safety and efficacy of vaccines¹, a whole-of-government approach is essential through the last mile to infuse speed, accountability, and transparency across the vaccine distribution system.
With a vaccine distribution network powered by IBM Blockchain, manufacturers can proactively monitor for adverse events and improve recall management. Distributers can gain real-time visibility and enhanced ability to respond to supply chain disruptions. Dispensers can improve inventory management and safety monitoring. Citizens can trust the vaccines and confidently return to society.
Benefits
End-to-end traceability
Blockchain can provide real-time visibility of vaccine distribution and chain of custody from manufacturing to administration, eliminating blind spots across public and private entities.
Reduced risk
Preemptive detection and proactive notification of supply chain disruptions, adverse reactions, fraud, spoilage, and other unexpected events help deliver the vaccines ready to go.
Safety and efficacy assurance
Environmental monitoring of transport and storage conditions, as well as rapid recall traceability will help ensure efficacy and build trust.
Solutions
Open governance pharmaceutical network
A permissioned, open source data exchange platform will unite diverse, localized vaccine management strategies into a single integrated view, while enabling participants to continue using their preferred systems of record and systems of interaction.
Blockchain consulting
IBM Blockchain Services
IBM is the world’s preeminent convener of permissioned business networks, engaging with citizens, governments, and private companies at the speed of a startup and the scale of an enterprise. Accelerate your outcomes with deep industry expertise, proven methods, and trusted technology solutions from IBM.
A vaccine cannot be effective if it is not effectively distributed and trusted by consumers.
— Jason Kelley, General Manager, Blockchain Services
Use cases
Counterfeit prevention in pharmaceuticals
In some countries, counterfeit pharmaceuticals account for 70% of all drugs in the supply chain. A recent pilot by KPMG, Merck, Walmart and IBM is using blockchain to bring new trust into the system by reducing the time it takes to alert the supply chain of a product recall from a few days to a few seconds.
Verify health credentials
Built on IBM Blockchain technology, this solution is designed to enable organizations to verify health credentials in a privacy-preserving way — and individuals can manage their information through an encrypted digital wallet on their smartphone.
Industry applications
Blockchain for supply chain
Resolve issues faster. Build trust and stronger relationships. Businesses are strengthening supply chain networks with IBM Blockchain.
Blockchain for healthcare and life sciences
Transform healthcare outcomes with the power of IBM Blockchain. Change the way your ecosystem ensures trust, data provenance, and efficiency to improve patient care and profitability.
