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 and services

IBM Blockchain Services

IBM Blockchain consulting and services can help ramp up your vaccine management and distribution efforts, regardless of whether you manufacture, distribute or dispense vaccines. Getting started is simple and straightforward. Let us show you how to build a vaccine distribution network that’s powered by IBM Blockchain and strong enough to help tackle the public health crisis of our time.

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 with IBM Digital Health Pass

Built on IBM Blockchain technology, this solution is designed to enable organizations to verify health credentials in a privacy-preserving way — with individuals being able to 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.

Resources

Rising to the moment with blockchain

Learn how blockchain can help all in healthcare meet the new challenges and financial burdens of adapting supply chains to deliver much-needed equipment and supplies.

Delivering better insights for better health

These are the times for extreme collaboration. Explore IBM solutions that can help you navigate uncertainty, adapt to changing conditions and become more agile and resilient.

Blockchain in action

Be inspired by how innovators are transforming healthcare through use cases built on the IBM Blockchain Platform.

Next steps