CJ OliveNetworks announced on December 20 that it has applied ChainOne, a blockchain technology, to a pharmaceutical logistics system for the first time in Korea.
As the importance of production, distribution, and logistics of medicines such as vaccines has been highlighted due to the global pandemic, the need to develop a system for a stable supply of medicines has increased.
CJ OliveNetworks' AI Core Research Center and Logistics Team developed ChainOne based on Amazon Web Services (AWS)'s Hyperledger private blockchain that guarantees data confidentiality and integrity to prepare effective drug distribution and logistics solutions, and CJ Logistics applied to its pharmaceutical logistics system.
ChainOne records the entire process of drug production, logistics, and distribution on the blockchain. This prevents forgery and falsification of data and visualizes data so that it can be viewed in real time. It can also increase the reliability of pharmaceutical logistics through quality control.
By using ChainOne, companies can improve the transparency of the manufacturing and distribution process by periodically recording the state information such as the production date, expiration date, and temperature of distributed drugs on the block chain.
In addition, it is possible to inquire the transport route, the institution using the quantity, and the quantity information in real time, so that even if the data is changed in the process from warehousing to shipment, it is possible to track it.
If there is a problem such as a defect in the medicine or temperature deviation, companies can quickly identify the cause and respond immediately.
“The pharmaceutical logistics system is as important as quarantine in the logistics industry," said Son Jong-su, head of CJ OliveNetworks AI Core Research Center. "CJ OliveNetworks will contribute to the development of the pharmaceutical logistics system by establishing and supporting a reliable transportation infrastructure and management system with leading technology development.”