The Ugandan government partners with MediConnect, a blockchain startup in order to trace counterfeit drugs in the country, as per a report from Cointelegraph on July 22.
As per the press release, the President of Uganda, Yoweri Musevini, the Minister of Health Jane Ruth Aceng, and other government officials have granted their support for MediConnect’s blockchain-based platform designed to deal with various issues in the pharmaceutical sector.
The government specifically added that the platform will be employed for tracking counterfeit drugs. With the platform, prescription medication will be recorded so as to identify counterfeit drugs and prevent their distribution in the pharmaceutical supply chain. As per the Ugandan National Drug Authority, 10% of prescribed medications in the country are counterfeit copies of publicly available on the market.
Dexter Blackstock, CEO of MediConnect, said:
“The Ugandan President, Minister of Health and National Drug Authority all understand the need to act fast to tackle the country’s counterfeit drug problem and recognise the benefits offered by tracing medication on the secure, scalable blockchain framework we are developing. We see this as an important opportunity for MediConnect to form part of Uganda’s national infrastructure and protect its citizens by ensuring all drugs in circulation are authentic and safe.”
The partnership follows the 2019 Africa Blockchain Conference in Kampala led by Museveni. Reportedly, during his inaugural speech Museveni supported the use of blockchain technology in Uganda.
Binance Charity Foundation was joined by 46 organizations so as to promote the “Pink Care Token” (PCAT) to improve feminine health in developing countries. The first delivery of PCAT and sanitary pads was set to take place in mid-July in Uganda.
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