Stratis has today announced a partnership with UK Meds, the UK’s fastest growing online pharmacy, to implement Stratis Blockchain technology across UK Meds operations and with plans to collaborate with the wider online pharmacy industry.
UK Meds deals with about four thousand patient prescriptions online on daily basis. UK Meds is going to implement the Stratis Blockchain tech to advance the patients' safety over online pharmacy sector exclusively, by lowering the occurrences of patients ordering multiple prescriptions.
By making a log of each order for a prescription on a common and immutable distributed ledger over a group of UK online pharmacies, the system makes it certain that patients can order only prescribed volume of medication. Doctors will also be able to cross-reference their patients. While requesting, if there has been any instance of the previous request to medication, that will be referenceable using Stratis’ technology.
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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,"
commented Joe Soiza, CEO at UK Meds. "
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."
UK Meds will also use Stratis technology in its supply chain and other logistics operations. Each consignment will be logged on the blockchain right at the time of production from the manufacturer, in the course of distribution, and as well as on arrival. This will ensure the fine condition, safety, and security of the pharmaceutical shipments.
"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." commented Chris Trew, CEO at Stratis.
You can visit the official announcement
here.