Can Blockchain Fix the Opioid Epidemic?

by Larry Emmott on May 15, 2018

in Future Tech,Security

From Bloomberg:

Digital currencies have been accused of worsening the opioid crisis because they make it easier to buy and sell drugs anonymously. Now Intel Corp. and the pharmaceutical industry are planning to fight fire with fire. The chipmaker, working with health companies, aims to use so-called blockchain technology — similar to the one that underpins the digital currency Bitcoin — to better trace drugs and potentially stem the epidemic.

Source: Can Blockchain Fix the Opioid Epidemic? Intel Wants to Find Out – Bloomberg

In theory it is not possible to alter or forge a blockchain. I admit I do not understand the technology but I can see how, in theory, a document that can be verified as absolutely 100% genuine would be valuable in many situations not just money and prescriptions.

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