New Normal, Digital Transformation, Industry 4.0
Trust | Transparency | Traceability
Countering Vaccine Hesitancy through Blockchain Technology
Supplying a vaccine to the global population will pose many challenges, including supply chain security and product verification. A viable solution will need to address counterfeiting, theft, hijacking and illegal diversion of vaccines. One year after the start of the Corona outbreak, COVID-19 vaccines have arrived. These vaccines and the distribution channels are new, given the necessity for mass vaccination on an unprecedented scale.
The COVID-19 vaccine distribution has a massive challenge for nations across the world. To address this challenge countries will need transparency at every level of the supply chain. This is precisely what ETgarage’s traceability platform using VeriDoc Global Blockchain Technology has been built for, to use emerging technologies to create a better world.
The pandemic has touched the healthcare industry in numerous ways. The present generation faces challenges and a new opportunity to continue working to strengthen the health industry supply chain and reach end-to-end traceability of medications, devices, equipment and biologics to ensure people’s wellbeing.
Today, Air India, SpiceJet, GoAir and Indigo initiated and operated nine flights from Pune to 13 various cities across India with 5.65 Million doses of Covishield Vaccine dispatching from Serum Institute of India.
And hence, ETgarage is committed to partnering with the respective business partners to establish full traceability along the vaccine distribution value chain.
ETgarage’s traceability platform using VeriDoc Global Blockchain Technology integrated platform for providing the following benefits on the principles of supplier collaboration, transparency, scalability, and efficiency: –
In 2019, the World Health Organization (WHO) named ‘vaccine hesitancy’ one of the top ten global health threats.
Indian health officials have also encountered Vaccine Hesitancy with several vaccines in the past, such as polio, flu, and is now making an appearance in COVID space.
In recent years, there has been an increase in the number of new vaccines commercialized and licensed on the market. This increase has led to differing opinions about whether these vaccines should be incorporated into the regular vaccine schedule or create new schedules.
In Blockchain We Trust:
With a vaccine distribution network powered by Blockchain traceability solution, manufacturers can proactively monitor adverse events and improve recall management. Distributors can gain real-time visibility and enhanced ability to respond to supply chain disruptions. Cold Storage Warehousing facilities can improve inventory management and safety monitoring. Citizens can trust the vaccines and simultaneously create a better healthy ecosystem.
he distribution systems and networks are more robust today in 2021. But the new COVID-19 vaccines will likely present new challenges of their own, based on complexities of data requirements and transparency, which would require a similar set of public and private partnerships, for scalability as by the ultimate aim of Universal Immunization Programme.
“It is important to build that reliability and awareness saying that the vaccines are safe, and over time we will know how effective they are in terms of durability”, ~ Kiran Mazumdar Shaw.
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