Russia Tests Blockchain to Monitor Prescription Drugs

Russian government is launching a pilot blockchain-based project aimed at curbing medical drugs falsification and resale. According to Vnesheconombank (VEB) chairman Vladimir Demin, the project starts in April in the Novgorod region.

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The developers claim that they have already completed the integration of the internal system of the Novgorod Regional Hospital with 1C software, which is designed to track the movements of medicines acquired with budget funds. This resulted in the creation of a single and secure database of electronic prescriptions. All these services will be unified in Ethereum-based blockchain ecosystem, which will store medical data of all kinds.

Of course, given the project’s success, there are plans to further expand the platform, turning it into the comprehensive national medicine tracking system. In the meantime, the project’s scope is limited to several branches of the Novgorod Regional Clinical Hospital, although a local chain of pharmacies is expected to join the system in the nearest future.

The price of the system’s development is estimated at $80,000, which will be taken from the regional budget.

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