PHARMATRACE ECOSYSTEM

PharmaTrace is a blockchain based ecosystem that brings participants in the pharmaceutical marketplace together to do better business based on a common distributed ledger. We are the catalyst for the healthcare industry, using our technology stack and expertise in digital transformation. We employ a secure, fast and efficient system that allows participants to create trust without the need for “trusted parties”. Therefore, this ecosystem is an agile and cross-interactive way to exchange data and services that offer incentives while saving costs and easy to install.

We are built on a decentralized network utilizing blockchain technology, providing high-level data security, complete traceability and simplified process pathways at both local and global levels.

PharmaTrace Ecosystem leverages Artificial Intelligence (AI), Machine Leaning (ML) and Deep Learning (DL), to protect supply chains, data exchange, and data integrity in transaction channels, while providing cost-saving models and business operations at any scale.

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    Embodied TRUST: Accountability of tracking & tracing and Instant Agreement of smart contracts by shared ledger in business partner interactions.
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    Patient-centric through AI, combined with big data for cost reduction and better decisions, through automation.
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    Pay-Per-Performance modeling through Smart Contracts.
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    Automate KOL networks and optimize influencer targets to maximize the reach.
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    Reduce your supply chain overhead cost by 50% in less than 3 years.
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    Instant Zero Error Status in auditing and 100% automated processes.

OPPORTUNITIES & POTENTIAL

The healthcare sector is still lagging in the adoption of blockchain and AI, compared to other industries, despite its enormous profitability and efficiency.

Investments Split by Industry Type in 2018

  • Manufacturing
  • Energy & Utilities
  • Professional Services
  • Technology Services
  • Generic
  • Media, Entertainment
  • Healthcare
  • Insurance
  • Government & Public Goods
  • Banking & Finance
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SMART DATA DRIVEN DIAGNOSIS

Achieve precise diagnosis and patient flow through Deep Learning to define key decision checkpoints.
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REAL PERFORMANCE INCREASE

100% traceability & tracking from the first deployment.

Enhanced efficiency through superior information flow through the blockchain technology.

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ONE ON ONE MEDICATION

Patient security and brand protection by strict traceability of pharmaceutical products and their raw materials.

PHARMATRACE ECOSYSTEM CURRENT SOLUTION EXPLORATIONS

R&D / Clinicals

  • Knowledge sharing and management with trust through blockchain
  • Earn tokens for data sharing and upon data use, therefore open up data without loss
  • Efficient patient recruitment process
  • Better matching eligibility criteria through Smart Contract
  • Monitor progress and predict outcome via AI
  • Efficient sponsorship investment
  • Global visibility & control
  • Knowledge sharing and management with trust through blockchain
  • Enhance patient’s quality of life

Chronic Diseases

  • Big data analysis using AI models with more data available due to increased sharing in the token reward model for data sharing
  • Data use will also be rewarded with token exchange
  • Enhanced prediction of attacks associated with chronic diseases
  • Improved events’ accuracy, hence improved patient security by tracking of contributing factors of the disease
  • Ensured data quality through blockchain technology
  • Enhanced predictions for targeted sales force

Audits

  • Deploy blockchain through financial and operational audit processes
  • Automate processes for scalability and cost-effectiveness
  • Enhance accuracy and supervision
  • Ensure data privacy, control and secured access
  • Increased operational efficiency and payments

Supply Chain

  • Reduce supply chain cost by 50% in less than 3 years
  • 100% traceability & tracking from the first deployment
  • Zero error status in auditing and fully automated processes
  • Provides big data for analytics and enhanced operational efficiency

CURRENT TRENDS

Blockchain and Artificial Intelligence: Personalized Medicine

Blockchain and token rewards will liberate medical data and unlock data silos. What was kept private previously now can be tracked.
Data is the new oil and AI are the new engines of business. Therefore, the opening and incentivizing of data sharing will have synergistic effects for the healthcare industry as AI based insights thrive from the availability of high-quality big data.

In PharmaTrace ecosystem, prescribers will leverage a “medi-bot” to quickly support diagnosis and tailor treatment regiment with pre-trained models via AI.
These solutions will thrive on aggregated data from symptoms, historical and environmental events which are opened up for use by blockchain token-based rewards for data sharing.
However, this will only be possible if we align the deployment of blockchain as a data and ecosystem backbone, with compliance regulations such as GDPR.

Patients benefit in terms of quality and efficacy of treatment, saving time and lives.
Physicians can focus more on patients’ needs and adopt cutting edge therapies on the market.
Payers will benefit with physicians’ treatment (Tx) success stories, and be in the enviable position of rewarding higher per Tx performance while saving costs, allowing reinvestment for more acute matters.
Pharmaceutical companies will have more accessibility to prescribers, which will allow them to present more targeted innovations, a deeper knowledge of market conditions to access reimbursement schemes with national payers, and the ability to plan more pro-actively.

Smart Factories: Fully Automated Logistics and Supply Systems

Blockchain will play a major role as an economic growth driver and is considered to be one of the key exponential technologies along with AI, automation, robotics and IoT.
In fact, top tier names such as Amazon, IBM, Maersk, Walmart, Microsoft, SAP, Google and others are preparing to reap benefits from blockchain processing power. Steve Chiavarone predicts blockchain “to replace reconciliation, which is expensive, requiring back office, time and paper work, with more instantaneous verification” on CNBC.

This means, companies can enhance their supply chain efficiency, which will result in more efficient business flow, allowing back and middle office costs to be cut and net savings to be passed along.

The Smart Industry transition leads to time and cost-savings, trust building and reduced risk, while opening up the possibility for additional rewards for data sharing and data use. The PharmaTrace Ecosystem on the blockchain provides easy integration, secure ledger and faster data transfer.

For patients, this all means more security and comfort.
Easy and low cost of blockchain implementation enables to reap all these benefits while no software licensing updates or overextending your IT department manpower is necessary.
Exponential technologies, harnessed by PharmaTrace, make this viable.

HOW PHARMATRACE ECOSYSTEM WORKS

It represents a modular architecture with a delineation of roles between the nodes in the infrastructure and execution of Smart Contracts to configurable consensus and services. Fabric Network comprises of Peer Nodes, which execute contracts, access ledger data, endorse transactions and allows interface with applications.

Two-stage architecture is implemented throughout the process in order to ensure a smooth inter-blockchain communication.

HYPERLEDGER

It represents a modular architecture with a delineation of roles between the nodes in the infrastructure and execution of Smart Contracts to configurable consensus and services. Fabric Network comprises of Peer Nodes, which execute contracts, access ledger data, endorse transactions and allows interface with applications.

EOS

The most powerful infrastructure for decentralized applications (DApps) and supports industrial scale applications, while lowering of eliminating transaction fees and ensure millions of transactions per second. All in un-hackable and safe ecosystem.

A marriage of AI/ML, IoT and blockchain ensures a real-time record of business transactions, environmental conditions (temperature, humidity, time stamp) and enhance communication efficiency and raise transparency, which can be optimized over time and experience.

The PharmaTrace network is built with no pre-existing technical liabilities. Nonetheless, one central design feature is easy integration with the existing infrastructure, be it a corporations SAP® system or a hospital’s custom software.

Tech Stack

PHARMATRACERS

ROADMAP

Business

  • Concept developement

Business

  • Team Assembly
  • Whitepaper concept
  • Business cases preparation

Business

  • PharmaTrace Foundation
  • Biz Case study 1&2
  • ICO Preparation

Business

  • PharmaTrace Alliance setup
  • Biz Case study 3&4
  • Exchange listing
  • PT Congress

Business

  • Biz Case study 5&6
  • PT Congress
  • Smart Contracts integration

Business

  • Biz expansion
  • Expand Smart Contracts
  • Team expansion
  • 2017

  • 2018

  • 2019

  • 2020

  • 2021

  • 2022

Technology

  • Tech assessment, Feasability sprints

Technology

  • Tech foundation
  • Token Strategy
  • Working prototype “Test Net”

Technology

  • AI/ML tools setup
  • POC
  • Exchange Strategy
  • Test Net “Proto”
  • Smart contracting

Technology

  • Test Net “Production”
  • Geo expansion (wave 1&2)
  • Cross-Blockchain capability

Technology

  • “Rapid Growth”
  • Geo expansion (wave 3&4)
  • Horizontal expansion (Planning)

Technology

  • Horizontal expansion (Execution)
  • Geo expansion (wave 5&6)
2017
Business

  • Concept development

Technology

  • Tech assessment
  • Feasibility sprints

2018
Business

  • Team Assembly
  • White Paper concept
  • Business cases preparation

Technology

  • Tech foundation
  • Token Strategy

2019
Business

  • PharmaTrace Foundation
  • Biz Case study 1&2
  • ICO Preparation

Technology

  • PAI/ML tools setup
  • POC
  • Exchange Strategy
  • Test Net “Proto”
  • Smart Contracting

2020
Business

  • PharmaTrace Alliance setup
  • Biz Case study 3&4
  • Exchange listing
  • PT Congress

Technology

  • Test Net “Production”
  • Geo expansion (wave 1&2)
  • Cross-Blockchain capability

2021

Business

  • Biz Case study 5&6
  • PT Congress
  • Smart Contracts integration

Technology

  • Cross-Blockchain capability
  • “Rapid Growth”
  • Geo expansion (wave 3&4)
  • Horizontal expansion (Planning)

2022
Business

  • Biz expansion
  • Expand Smart Contracts
  • Team expansion

Technology

  • Horizontal expansion (Execution)
  • Geo expansion (wave 5&6)

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PHARMATRACE IN MEDIA

CONTACT

contact@pharmatrace.io

 

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