Leveraging Blockchain and AI for Pharma Supply Chain Efficiency
The presentation discusses the potential of blockchain and AI to revolutionize the pharmaceutical supply chain. The author, with a rich history in healthcare technology, highlights the inefficiencies and challenges faced by the industry, particularly in areas like drug discovery, manufacturing, and...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Partners in Digital Health
2024-12-01
|
| Series: | Blockchain in Healthcare Today |
| Subjects: | |
| Online Access: | https://blockchainhealthcaretoday.com/index.php/journal/article/view/374 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841554375914291200 |
|---|---|
| author | Mohan Venkataraman |
| author_facet | Mohan Venkataraman |
| author_sort | Mohan Venkataraman |
| collection | DOAJ |
| description | The presentation discusses the potential of blockchain and AI to revolutionize the pharmaceutical supply chain. The author, with a rich history in healthcare technology, highlights the inefficiencies and challenges faced by the industry, particularly in areas like drug discovery, manufacturing, and distribution.
Blockchain technology, with its ability to create immutable records, can enhance transparency, traceability, and security across the supply chain. This can help in tracking the journey of drugs from raw materials to the final product, reducing the risk of counterfeiting and ensuring quality.
AI, on the other hand, can optimize various processes, such as drug discovery, clinical trials, and supply chain logistics. By analyzing vast amounts of data, AI can identify patterns, predict trends, and make informed decisions. This can accelerate drug development, improve manufacturing efficiency, and optimize inventory management.
The integration of blockchain and AI can create a powerful synergy, leading to significant improvements in the pharmaceutical supply chain. This includes enhanced patient safety, reduced costs, and faster time-to-market for new drugs. The presentation provides a concise view of the health care supply chain processes and discusses AI patterns such as RAG, GAM and Fine-Tuning methods such as LoRA and QLoRa that can help in building trust in the supply chain. |
| format | Article |
| id | doaj-art-1458df901671436f8069c8a44bb0affd |
| institution | Kabale University |
| issn | 2573-8240 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Partners in Digital Health |
| record_format | Article |
| series | Blockchain in Healthcare Today |
| spelling | doaj-art-1458df901671436f8069c8a44bb0affd2025-01-08T13:53:17ZengPartners in Digital HealthBlockchain in Healthcare Today2573-82402024-12-017310.30953/bhty.v7.374481Leveraging Blockchain and AI for Pharma Supply Chain EfficiencyMohan Venkataraman0https://orcid.org/0009-0002-9697-643XCTO, Chainyard, Morrisville, North Carolina, USAThe presentation discusses the potential of blockchain and AI to revolutionize the pharmaceutical supply chain. The author, with a rich history in healthcare technology, highlights the inefficiencies and challenges faced by the industry, particularly in areas like drug discovery, manufacturing, and distribution. Blockchain technology, with its ability to create immutable records, can enhance transparency, traceability, and security across the supply chain. This can help in tracking the journey of drugs from raw materials to the final product, reducing the risk of counterfeiting and ensuring quality. AI, on the other hand, can optimize various processes, such as drug discovery, clinical trials, and supply chain logistics. By analyzing vast amounts of data, AI can identify patterns, predict trends, and make informed decisions. This can accelerate drug development, improve manufacturing efficiency, and optimize inventory management. The integration of blockchain and AI can create a powerful synergy, leading to significant improvements in the pharmaceutical supply chain. This includes enhanced patient safety, reduced costs, and faster time-to-market for new drugs. The presentation provides a concise view of the health care supply chain processes and discusses AI patterns such as RAG, GAM and Fine-Tuning methods such as LoRA and QLoRa that can help in building trust in the supply chain.https://blockchainhealthcaretoday.com/index.php/journal/article/view/374artificial intelligenceblockchain technologydecentralized aidigitaltransformationpharmaceutical supply chainsupply chain compliancesupply chain riskthird party risk managementtys |
| spellingShingle | Mohan Venkataraman Leveraging Blockchain and AI for Pharma Supply Chain Efficiency Blockchain in Healthcare Today artificial intelligence blockchain technology decentralized ai digitaltransformation pharmaceutical supply chain supply chain compliance supply chain risk third party risk management tys |
| title | Leveraging Blockchain and AI for Pharma Supply Chain Efficiency |
| title_full | Leveraging Blockchain and AI for Pharma Supply Chain Efficiency |
| title_fullStr | Leveraging Blockchain and AI for Pharma Supply Chain Efficiency |
| title_full_unstemmed | Leveraging Blockchain and AI for Pharma Supply Chain Efficiency |
| title_short | Leveraging Blockchain and AI for Pharma Supply Chain Efficiency |
| title_sort | leveraging blockchain and ai for pharma supply chain efficiency |
| topic | artificial intelligence blockchain technology decentralized ai digitaltransformation pharmaceutical supply chain supply chain compliance supply chain risk third party risk management tys |
| url | https://blockchainhealthcaretoday.com/index.php/journal/article/view/374 |
| work_keys_str_mv | AT mohanvenkataraman leveragingblockchainandaiforpharmasupplychainefficiency |