News

Stratis Wants Prescription Ordering to be Safer, Announces Partnership with UK Meds

The Stratis project has announced a partnership with UK-based online pharmacy, UK Meds. The partnership will involve the use of Stratis’ blockchain technology in the recording of patients’ prescriptions, ensuring that patients receive their prescribed medication quantities.

Multiple prescriptions can be an issue with online pharmacies, as not all online pharmacies require prescriptions for purchase. Furthermore, the logging of patient data will allow online consultants to cross-reference patients, as each patient will have a unique identifier assigned to them.

CEO of UK Meds, Joe Soiza, is hopeful that immutable ledgers can prevent unsanctioned access to dangerous drugs, noting:

Despite screening our own customers by IP addresses, phone numbers, cookies and many other factors, there isn’t a cross-industry solution to identify patients attempting to obtain multiple orders of drugs, with opioids being a particular example. Clearly our entire industry needs to come together to ensure we do everything possible to protect the vulnerable and utilizing Stratis’ technology can help us achieve that.

 

This is a great example of blockchain being deployed where its unique qualities will make a real difference. Using traditional IT solutions to solve this issue would require a significant expense and would undoubtedly be administered by a third-party organization. With blockchain, the industry can cooperate on the critical issue of patient safety using a shared version of the truth.

UK Meds delivers over 3,000 prescriptions to customers every day. The online pharmacy lets patients select a particular treatment, after which they are asked to select medication and prescription doses for their particular illness. They then take a medical questionnaire that probes their medical history that must be approved by a GMC-registered doctor. A rejection prevents the customer from placing orders.

Stratis also plans to use the blockchain smart contracts to improve UK Meds internal supply chain to authenticate prescriptions and track their movement across the supply chain.

Stratis CEO Chris Trew wants the platform to become the go-to standard for the British pharmaceutical industry, saying:

The Stratis Platform provides a highly secure blockchain solution that can be shared across the industry to provide a trusted and verifiable record of patient requests for medicine. We are initiating this programme, and we have over 10 online pharmacies onboard already. It’s our ambition for this to become the de facto standard across the entire UK industry.

The past few months have seen the Stratis project focusing mainly on the development of their platform, though some business growth plans have come to light.

Last week, they announced that the Stratis ICO platform would be available on Microsoft’s Azure Marketplace. Progress this year has included the release of the Breeze mainnet privacy protocol, an identity app on iOS and the ICO platform, among many other achievements.

Related: 11 Blockchain Projects Geared for Enterprises

Abhimanyu Krishnan

Abhimanyu is an engineer on paper but a writer by living. To him, the most celebratory aspect of blockchain technology is its democratic nature. While he’s hodling, he can be found reading a good book or making the local dogs howl with the sound of his guitar playing.

Share
Published by
Abhimanyu Krishnan

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

2 weeks ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

3 weeks ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

3 weeks ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

4 weeks ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

2 years ago