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Supplychain Transparency and Tokenization
A Defi protocol aims to solve the Fraud and Improve Transparency in Healthcare Supplychain
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Created on 18th April 2025
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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!!!!
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