Using blockchain to enhance data integrity and traceability in clinical trials.
Role | Deep Tech Used | Impact Vector | Industry | Impact Vector %Benefit |
---|---|---|---|---|
COO | Blockchain Technology | Data | Healthcare & Pharmaceuticals | 24% |
Using blockchain in clinical trials enhances data integrity and traceability by creating an immutable and transparent ledger of trial-related information. Each clinical trial phase, from patient recruitment to data collection and analysis, is recorded as a tamper-proof block on the blockchain. This ensures that trial data remains secure, unaltered, and easily auditable.
Blockchain also enables better traceability of the trial’s drug or treatment supply chain, ensuring that medications are properly handled and tracked from manufacturer to patient. Additionally, it allows for secure and consented sharing of patient data among researchers while maintaining patient privacy. This technology ultimately improves the reliability of clinical trial data, accelerates the drug development process, and enhances patient safety and trust in the healthcare system.
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