PharmaChain utilizes blockchain to establish a decentralized ledger where all supply chain transactions are recorded immutably.

Each drug package is tagged with IoT-enabled smart sensors that track and log environmental conditions like temperature and humidity throughout the supply chain.

Stakeholders, including manufacturers, distributors, and regulators, can access real-time data via a unified digital platform.

This platform integrates with existing enterprise systems using APIs for seamless data exchange, encouraging cooperation and transparency across the supply chain.

PharmaChain provides unparalleled transparency and security by enabling real-time tracking of pharmaceuticals.

This reduces the risk of counterfeiting and supply disruptions, ensuring drug authenticity and regulatory compliance, ultimately enhancing patient safety and trust.

The integration of blockchain and IoT is technically feasible given current technological advancements, while costs can be managed with scalable cloud infrastructures.

Regulatory complexities remain but can be navigated through strategic partnerships with compliance experts.