Blockchain

FDA notes potential use of blockchain for product tracking

The U.S. Food and Drug Administration (FDA) released a document that noted the potential of blockchain and other technologies to track products.

According to Commissioner Stephen Hahn, the document is positioned as the first step in the process of “creating the safest food supply system in the world.” And one of the key messages of the document is the use of developing technologies in order to improve existing systems and create new ones.

“When we see how various industries use digital means to track in real time, for example, the movement of aircraft, rented cars or parcels, or how companies use big data to identify trends, it becomes clear that the FDA and all interested parties should think over integration of new technologies. We are talking about artificial intelligence, the Internet of things, blockchain and sensor technologies, ”the document says.

In this case, the document describes only general concepts and ideas about how you can use blockchain and other technologies. However, one of the sections entitled “Using Digital Transformation” describes the creation of an “internal system of digital technologies, such as blockchain, to track critical events and obtain key data from industry partners and regulators.”

Recall that in May , a pilot project for tracking drugs on the IBM blockchain was completed, in which Merck, Walmart and KPMG participated. At the same time, testing was even more successful than expected by the FDA.

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