Post
Topic
Board Altcoin Discussion
Re: Blockchain to Combat Fake Medicines in India?
by
darkcrypto96
on 14/04/2018, 10:17:03 UTC
After putting a virtual ban on cryptocurrencies, the Indian government is planning to come up with a blockchain solution aimed at combatting India’s counterfeit drugs trade. NITI Aayog aims to combat India's counterfeit drugs trade with the help of the Blockchain technology.
To make things clear here, there is no ban for virtual currencies, dealing with the banking system is not possible in the future, but there is no ban in trading in the market. India being a populous country it is true that they produce more fake products into the market and they are competing with China in that aspect  Cheesy, fake medicine is one of the major issues the country is facing as it directly affects lives and this is a major development to counter fake medicine and blockchain made it possible.

If only people knew the facts. I agree with you completely. This could change the healthcare industry in India for the better.