FarmaTrust (FTT) Secures Carnaby Capital Investment To Fight Fake Pharmaceuticals
FarmaTrust has just announced (and are excited) that Carnaby Capital based out of London, has made a private investment to join as a contributor in the FarmaTrust ongoing project. The two pair well given their mutual interest in Blockchain and the need to keep the pharmaceutical market safe. Meaning, working together to prevent the influx of fake drugs into the system.
Carnaby Capital stated that they too, are excited about this project and more so about the future ahead collaboratively. They have been watching their implementation to date and knew this was a project they could stand behind and help to scale.
We are pleased to announce the conclusion of our investment in @FarmaTrust. Their team is tackling the issue of counterfeit medicine which causes numerous deaths each year. Excited to see all their upcoming developments and being part of their journey. https://t.co/zqoC0Mx5WQ
— Carnaby Capital (@CarnabyCapital) July 25, 2018
What Is Carnaby Capital?
Based in London, this private investment firm specializes in digital asset management and organization. They help investors make investments safely using Blockchain and cryptocurrencies.
Their belief is that with widespread knowledge and technology, that this can become one of the most important technical innovations since the introduction of mobile devices – and the internet.
Carnaby Capital has large teams in North America, Europe and the Middle East. Their team is also made up of experienced and successful investors – more than just a sales team. The team is also composed of legal professionals and technologists. All of which are important factors in this digital world to say the least.
Carnaby Capital has been part of some ground-breaking Blockchain projects dating back to early 2017. In 2017 alone, they invested more than 10 Million into various Blockchain start-up’s and they expect this trend to continue.
What Is FarmaTrust?
FarmaTrust is described as being one of the most efficient tracking systems specific to pharmaceuticals. Additionally, governments, regulators and the general public. Their Blockchain technology uses artificial intelligence, Machine Learning and data analysis to ensure the safety and security of this market. More so, they believe in complete transparency. This company is based out of London, UK.
Overall, Blockchain is where digital transactions take place and are recorded on a ledger both in chronological order and are publicly available. This is a means of verifying efficiently transactions made through the platforms and creates trusted networks.