The announcement was made on 6 July by Commercial Appeal. The FedEx Institute of Technology is known as a pioneering institution that supports technology research run in collaboration with the University of Memphis.
Good Shepherd Pharmacy, based in Memphis, believes that blockchain technology is the right method for helping people with serious illnesses. Thus, the organization aims to collect unused medicinal products from cancer patients and give to those who can’t afford them mainly for financial reasons. To organize such a system, the pharmacy will use a distributed ledger.