solution

pharmaceuticals

Sourcenets in collaboration with veridoc global verification

Introduction

pharmaceuticals (track & trace)

Imagine for a moment that an operator checks the wrong item off a checklist, a raw ingredient is contaminated or fake medicine is switched during distribution. On top of that, billions of dollars are lost in product recalls, commodity loss, inventory replacement, removing goods from shelves, loss of sales and brand reputation.

The effects of poorly managed supply chains continue to trouble governments and businesses today. The World Health Organisation (WHO) reported in 2016 that 10.5% of all drugs sold in developing

countries are either fake or substandard and this has led to tens of thousands of deaths. The fake drugs industry is now estimated to be around $30 billion dollars. In a major review of the problem the WHO has reported that fake drugs is a growing threat

VeriDoc Global has developed a supply chain solution that leverages blockchain technology and smart contracts. Our system verifies that each step in the supply chain has registered a “digital handshake” that marks exactly when and where the goods have changed hands. This makes it clear who is liable for products every step of the way.

proof of concept

You may test our proof of concept for yourself.

There needs to be an easy and simple way to check if the Pharmaceuticals you have bought are the real thing. Counterfeit drugs are a huge problem and VeriDoc Global has made it simple to tell the real thing from the fake with just a quick scan.

Compare the original document on your smart phone which is fetched directly from the issuer's server by scanning the QR code present on the Penicillin bottle.

Don’t have a QR code reader to find out? Download the VeriDoc Global QR code reader here for free:

Download
Document Sample

Download our VeriDoc Global
QR code reader application.

Test our proof of concept
for yourself.

How does the VeriDoc Global

Solution Work?

what are our

key features

FOREFRONT OF SECURITY

Data is immutable on blockchain and can’t be breached via an attack on a single server or database.

INCREASED TRANSPARENCY

Governments and businesses know exactly when and where the goods have changed hands.

INCREASED SAFETY

Increases the speed in which problems can be identified and products can be recalled.

VERIDOC GLOBAL

SOLUTION

VeriDoc Global has developed a solution that involves embedding a QR code on an item with a unique digital hash inside the QR code. The hash holds a string of information that is then placed on the blockchain network for security, verification and most important end user validation. Using a QR code reading app, customers can scan the QR code on the item once it has been delivered to them to verify the authenticity of items.

Throughout the shipping process, the QR code can be updated with information verifying when and where the product has changed hands. Using any QR code reading app, scan the QR code on the pharmaceuticals and the app will show you the true document produced by the issuer. This allows you to compare and see if the pharmaceuticals is an original or a fake.

this is our

pharmaceuticals
manufacture flow

CREATE AN ITEM

Manufacturer creates an item.

generate qr code

VeriDoc Global generates a QR code that contains a unique hash value with information about the item.

GENERATE PDF IN CLIENT’S SECURED SERVER

VeriDoc Global generates a PDF from the new document and stores this on the client’s secured server.

generate unique hash value on blockchain

The information is placed on the blockchain.

POPULATE THE DATABASE

VeriDoc Global populates a database with the unique hash value, blockchain transaction (to preview the original International Health Care Card).

STEP
01
CREATE AN ITEM

Manufacturer creates an item.

STEP
02
generate qr code

VeriDoc Global generates a QR code that contains a unique hash value with information about the item.

STEP
03
GENERATE PDF IN CLIENT’S SECURED SERVER

VeriDoc Global generates a PDF from the new document and stores this on the client’s secured server.

STEP
04
generate unique hash value on blockchain

The information is placed on the blockchain.

STEP
05
POPULATE THE DATABASE

VeriDoc Global populates a database with the unique hash value, blockchain transaction (to preview the original International Health Care Card).

this is our

pharmaceuticals
customer flow

QR CODE READER

Item is scanned using any QR code reader.

PREVIEW ORIGINAL HEALTH CARE CARD

User is redirected to a secure VeriDoc Global webpage that displays the unique hash value, original International Health Care Card.

VISUAL INSPECTION

User validates the authenticity of the International Health Care Card by visual inspection.

VALIDATE HASH VALUE ON BLOCKCHAIN

User may validate the unique hash value on the blockchain and verify that the hash values are identical.

INFORMATION UPDATE

The QR code can be updated with additional information showing that a person has less points available on their driver’s licence due to speeding offences (optional).

QR CODE READER

Item is scanned using any QR code reader.

STEP
01
PREVIEW ORIGINAL HEALTH CARE CARD

User is redirected to a secure VeriDoc Global webpage that displays the unique hash value, original International Health Care Card.

STEP
02
VISUAL INSPECTION

User validates the authenticity of the International Health Care Card by visual inspection.

STEP
03
VALIDATE HASH VALUE ON BLOCKCHAIN

User may validate the unique hash value on the blockchain and verify that the hash values are identical.

STEP
04
INFORMATION UPDATE

The QR code can be updated with additional information showing that a person has less points available on their driver’s licence due to speeding offences (optional).

STEP
05