FDA Explores Using Blockchain to Track Drug Supplies

Jon Fingas, writing for Engadget:

The US Food and Drug Administration wants to be sure sketchy drugs don't find their way to hospitals and pharmacies, and it's mulling a technological solution to keep medicine safe. The agency has launched a pilot program that will let the drug supply chain explore ways to track prescription medicine. While the FDA isn't specific about what tech companies would use, it noted that blockchain was one example. The same decentralized trust system that can trace the origins of your lettuce could also verify that your pills come from a legitimate source.

Blockchain has a ton of potential. But don’t expect this FDA pilot program to start anytime soon—its not supposed to get going until 2023.