Life sciences and healthcare

Problem

The life sciences and healthcare industry carries an enormous responsibility towards patients, with product authenticity, sustainability, and traceability being an essential part of meeting this obligation. Unfortunately, the industry is not immune to malicious practices like counterfeiting, product diversion, price gouging, and spread of misinformation. This not only puts patient health at risk but directly impacts broader societal challenges such as public health and trust in healthcare providers. To safeguard patient safety and the effectiveness of their products, businesses need to be able to track them, ensure they reach their intended patients in good condition, and understand their impact on patients. Taking these measures will help identify and address any potential malpractices and ultimately protect the health and trust of their patients.

Solution

OriginTrail’s trusted knowledge infrastructure empowers businesses in the Life Sciences and Healthcare industry to gain a comprehensive understanding of their products across their lifecycle. With Knowledge Assets, organizations can seamlessly connect data on medicines, vaccines, medical devices, and other products across business partners, users, and patients. Through solutions powered by Knowledge Assets, businesses gain trusted insights into product flows, usage rates, risk alerts, inventory levels, and more, enabling them to prioritize patient safety and product sustainability. This holistic approach helps identify and combat malicious practices, making sure products are utilized as intended. Furthermore, with the integration of the ChatDKG framework, Knowledge Assets enable AI-enhanced search capabilities, optimizing patient health and safety in innovative ways.

Technologies used