The FedEx Institute of Technology is partnering with Good Shepherd Pharmacy to build a new blockchain infrastructure in Memphis to help get needed cancer medications into people’s hands. In yet another example of a blockchain application, which allows secure and immediate, time-stamped distribution of information, this helps with Memphis-based Good Shepherd’s initiatives. Their mission is to retrieve unused medications from cancer patients and make them available to the disadvantaged.
I didn’t eat breakfast, in anticipation. Business took me to Memphis for the day and I planned on sampling some barbecue. My initial intention was to stop at Jones Bar-B-Q in Marianna and get my first taste of the famous pork sandwich that earned the place a James Beard Award in 2012. From there I would swing by Payne’s BBQ for what some say is the best pork sandwich in Memphis. Things didn’t quite work out how I planned.
‘Fedex Institute of Technology’ has partnered with Memphis based Pharmacy services company ‘Good Shepherd Pharmacy’ to develop a blockchain based infrastructure that will help cancer patients get quicker to vital medications. The blockchain based system will give uninsured cancer patients an equal chance to receive life-altering drugs. The project will be based in Memphis, Tennessee besides Good Shepherd.
The FedEx Institute of Technology exists as a partnership between FedEx and a research arm of the University of Memphis. FedEx is one of the worlds biggest distribution companies and deals with the import and export of products worldwide. Whilst their role within the FedEx Institute of Technology is purely promotional, some of the institutes research practices are of interest to FedEx. Their latest study is one such example of this. According to RTT News, in a new partnership with Good Shepherd Pharmacy, the FedEx Institute of Technology are creating a new blockchain based platform to ensure a more effective distribution of cancer medicines to patients across the United States.
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The FedEx Institute of Technology announced that it is partnering with the pharmacy services company Good Shepherd Pharmacy to develop a new blockchain based infrastructure. The main intention behind that is to help cancer patients get medications.
Good Shepherd Pharmacy is working with the FedEx Institute of Technology to develop a new blockchain infrastructure in Memphis. As blockchain enables the secure distribution of information, this technology could be of use to Good Shepherd's efforts to collect unused medications from cancer patients and provide them to those who cannot afford them.
FedEx, Good Shepherd Pharmacy to Use Blockchain for Cancer Meds Distribution.
FedEx Chairman Roger Smith is on record as being a big fan of blockchain’s use in the supply chain. Now a University of Memphis research organization that bears his company’s name is working on using a blockchain infrastructure in Memphis to get cancer medications to those who need it.
Good Shepherd Pharmacy, a nonprofit pharmacy that specializes in providing prescription medicine to the uninsured in the United States, has joined forces with the FedEx Institute of Technology in a unique endeavor. The two companies are creating a blockchain-based system that will allow patients suffering from cancer to receive potentially life-altering drugs. According to the media outlet Commercial Appeal, the project will be based in Memphis, Tenn., alongside Good Shepherd, and made available across the country.
The FedEx Institute of Technology recently announced they are teaming up with Good Shepherd Pharmacy to help cancer patients get medication with blockchain technology.
FedEx Institute is in collaboration with Memphis based Good Shepherd Pharmacy to utilize Blockchain technology to aid Cancer patients according to post in Commercial Appeal. With the information of patients and medication, Good Shepherd Pharmacy plans to retrieve data of unused medicines to help the needy.
The FedEx Institute of Technology has entered into a partnership agreement with pharmacy services company Good Shepherd Pharmacy to build a new blockchain-based infrastructure that will enable cancer patients get medications. The news was reported by Commercial Appeal. The ability of blockchain or Distributed Ledger Technology to distribute data securely is anticipated to assist Memphis-based Good Shepherd’s plan to recover unused medications from cancer patients and offer them to those who cannot afford costly medicines.