Press Press2021.12.19
CJ OliveNetworks Boosts the Reliability of Pharmaceutical Logistics with Blockchain
- The company developed a blockchain ‘ChainOne’ to increase the
transparency of data management.
- It is applied to the pharmaceutical logistics system of CJ Logistics, increasing
the security of drug distribution process.
- Data about drug production, logistics, and distribution are recorded on a
blockchain, enabling reliable high-quality management.
CJ OliveNetworks (CEO Cha In-hyeok) adopted blockchain technology
‘ChainOne’ to a pharmaceutical logistics system for the first time in Korea.
As the importance of distribution and logistics, as well as the production
of vaccines and pharmaceuticals, has come into greater prominence due to global
pandemic, the need for developing a system for a stable drug supply has
increased.
CJ OliveNetworks’ AI Core Research Center and Logistics Team developed
ChainOne based on AWS (Amazon Web Services)’s hyperledger private blockchain,
which guarantees data confidentiality and integrity, to provide effective drug
distribution and logistics solutions and applied it to the pharmaceutical
logistics system of CJ Logistics.
ChainOne records data from the entire process of drug production,
logistics, and distribution on a blockchain ▲ to prevent forgery and
falsification of data, ▲ visualize the data in real time, and ▲ enhance the
reliability of pharmaceutical logistics through quality control. have.
It can increase the transparency of the manufacturing and distribution process
and prevent misuse and abuse of drugs by periodically recording information about
the status such as production date, expiration date, and temperature of
distributed medicines on the block chain
In addition, since it is possible to inquire information about the transportation
route, the institutions using medicines, and the quantity in real time, it is
possible to track even if the data is changed during the process from
warehousing to shipment. And in the event of problems such as a defect in the product
or temperature deviation, it is possible to respond immediately because the
cause can be quickly identified,
“The biggest topic in the logistics industry this year is ‘cold chain’, so
the pharmaceutical logistics system is an issue that is as important as the
quarantine. We will contribute to the development of the pharmaceutical
logistics system by building and providing a highly reliable transportation
infrastructure and management system through a leading technology,” said Son
Jong-su, Head of AI Core Research Center at CJ OliveNetworks.