The Role of Blockchain & AI

Blockchain and AI advancements provide opportunities to address these challenges.

While solving the entire problem will take time, incremental solutions can accumulate to resolve it fully.

Leveraging blockchain and AI, Pharmachain has developed a technology that can:

• Predict the closest local pharmacy or drug store with a specific medication(s).

• Enable users worldwide to contribute to a data pool by searching, requesting, and purchasing medications from participating pharmacies.

• Allow users to provide evidence of medication availability at a pharmacy using their devices, thereby contributing to the pool for others to benefit.

• Using blockchain, the platform ensures transparent traceability of medications. PHAI tokens are required for searches; upon purchase, the token binds to the medication and pharmacy, enabling on-chain verification and tracing back to the origin, combating counterfeits and enhancing supply chain integrity.

This data is attributed to the participant, who is rewarded with tokens.

The information is stored in a decentralised AI blockchain that Pharmachains integrates and retrieves as needed.