IBM, KPMG, Merck And Walmart Selected By US FDA To Develop Blockchain Network

Blockchain, News | June 14, 2019 By:

The Food and Drug Administration (FDA), a federal agency of the US Department of Health and Human Services, has chosen IBM, KPMG, Merck and Walmart to create a blockchain network that allows real-time monitoring of pharmaceutical products.

The initiative is part of FDA’s program that explores innovative and emerging approaches for the tracing and verification of prescription products.