S

Supplychain Transparency and Tokenization

A Defi protocol aims to solve the Fraud and Improve Transparency in Healthcare Supplychain

0

Created on 18th April 2025

S

Supplychain Transparency and Tokenization

A Defi protocol aims to solve the Fraud and Improve Transparency in Healthcare Supplychain

The problem Supplychain Transparency and Tokenization solves

  • Application aims to solve the fraud supply of medicines throughout the supplychain of medicines
  • Manufacturer will create the batch of medicines by minting an ERC-721(unique tokenId) NFT.
  • Protocol will verify the Manufacturer addresses in merkle trees using merkle proofs
  • After verification -> Manufacturer will update the batch data and perform an pre-authentication by signing a msg
  • Distributor will provide signature to protocol -> protocol will verify signaturesignature standards(EIP-712 and EIP-191)
  • After verification -> protocol will transfer ownership to Distributor -> Distributor will update data
  • Process continues for -> Wholesaler -> Pharmacists
  • End user will scans QR code to check the complete supplychain on-chain!!!!

Discussion

Builders also viewed

See more projects on Devfolio