FedEx, Good Shepherd Pharmacy to Use Blockchain for Cancer Meds Distribution

The CEO of Good Shepherd Pharmacy, Phil Baker, says, “In Tennessee alone, over USD 10 million worth of perfectly good prescription medication gets flushed down the toilet every year. Blockchain is the solution for that problem. The REMEDI project (REclaiming MEDicine) will divert valuable medication into the hands of patients who would not otherwise use it.”

Essentially, REMEDI will keep track of cancer medications, and divert the medication to people that really need it instead of the medicine sitting stagnant on a shelf and eventually being thrown out. This is an example of how blockchain technology can help save lives.

Read the full article at Bitcoin News.