How an Enterprise Blockchain Application in the U.S. Pharmaceuticals Supply Chain is Saving Lives

Creators: Mattke, Jens and Maier, Christian and Hund, Axel and Weitzel, Tim
Title: How an Enterprise Blockchain Application in the U.S. Pharmaceuticals Supply Chain is Saving Lives
Item Type: Article
Projects: CROSS
Journal or Publication Title: MIS Quarterly executive
Page Range: pp. 245-261
Date: March 2019
Divisions: Informationsmanagement
Abstract (ENG): The MediLedger Project has built a blockchain ecosystem application that prevents counterfeit pharmaceuticals from entering the U.S. pharmaceuticals supply chain. From the lessons learned, we make four recommendations: 1) use a “benevolent dictator” and base governance on “consensus through collaboration”; 2) store the verification of transactions, not the transactions themselves, on the blockchain; 3) use zero-knowledge proofs to verify product and transaction authenticity while preserving full privacy; 4) use blockchain application capabilities not found in traditional technologies to fix ineffective IS landscapes.
Forthcoming: No
Language: English
Citation:

Mattke, Jens and Maier, Christian and Hund, Axel and Weitzel, Tim (2019) How an Enterprise Blockchain Application in the U.S. Pharmaceuticals Supply Chain is Saving Lives. MIS Quarterly executive, 18 (4). pp. 245-261. ISSN 1540-1960

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