Stratis is a company that is working to make blockchain easy and now, it has partnered with UK Meds, a fast-growing online pharmacy in the UK. The partnership enables UK Meds to adopt blockchain technology in its UK operations and it features plans to help the platform collaborate with the larger online pharmacy industry.
— Stratisplatform (@stratisplatform) September 5, 2018
UK Meds currently handles 3,000 to 4,000 patient prescriptions each day. The blockchain technology is expected to improve patient safety in the online pharmacy sector and to reduce issues such as orders of multiple prescriptions to a single patient.
The technology will also ensure that patient’s requests for a prescription are logged on a shared and immutable distributed ledger so that patients can only access the prescribed amount of medication. Further, doctors will have the ability to reference patients through a unique identifier assigned to each one. Previous requests for medications at other online pharmacies will be easily referenceable with Stratis’s technology, and as a result, the system ultimately maintains patient safety standards.
UK Meds CEO Joe Soiza stated:
“Despite screening out own customers by IP addresses, phone numbers, cookies and many other factors, there isn’t a cross-industry solution to identify patients attempting to obtain multiple orders of drugs, with opioids being a particular example. Clearly our entire industry needs to come together to ensure we do everything possible to protect the vulnerable and utilizing Stratis’ technology can help us achieve that.”
“The Stratis Platform provides a highly secure blockchain solution that can be shared across the industry to provide a trusted and verifiable record of patient requests for medicine. We are initiating this programme, and we have over 10 online pharmacies on board already. It’s our ambition for this to become the de facto standard across the entire UK industry.”
Stratis Platform CEO Chris Trew added:
“This is a great example of blockchain being developed when its unique qualities will make a real difference. Using traditional IT solutions to solve this issue would require significant expense and would undoubtedly be administered by a third-party organization. With blockchain, the industry can cooperate on the critical issue of patient safety using a shared version of the truth.”
Stratis’s technology may also improve the supply chain on UK meds by deploying Smart Contracts in C#, which is a code running on top of the blockchain that enables the undertaking of specific tasks at critical stages. Medication shipments will be logged on the blockchain when they are originally produced by the manufacturer, during points of distribution and on arrival to UK Meds. This ensure that the shipments are correctly packaged, arrive in good condition, and are the correct quantity.
“We decided to work with Stratis on this programme because this platform is written in C#, an accessible computing language for developers across our industry. Blockchain is completely new for us, and Stratis have consulted with us for many months to help get this off the ground.”
This is one of many development milestones for Stratis, as it recently released Stratis Sidechains as well.