T nod for StaTwig’s blockchain solution | Hyderabad News

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Hyderabad: To make sure protected supply of Covid-19 vaccines, the Telangana authorities has really helpful to the Union well being ministry that it might probably discover the utilization of Blockchain answer — Vaccine Ledger — by Hyderabad-founded startup, StaTwig, Telangana industries principal secretary Jayesh Ranjan stated on Wednesday. He stated the utilization of Blockchain would assist the federal government stop counterfeiting or smuggling of vaccines. “They’re but to determine on it however they’ve appreciated the expertise…,” Ranjan stated throughout a digital session on ‘Combating Counterfeiting and Smuggling throughout the Covid-19 pandemic and past’ carried out by Federation of Indian Chambers of Commerce & Trade (FICCI) on Wednesday. He stated that the state authorities has been exploring the utilization of Blockchain expertise to cease counterfeiting of excessive worth prescription drugs like most cancers medicine. Moreover, additionally it is engaged on utilizing this expertise to subject instructional certificates or levels with a Blockchain stamp to curb menace of faux levels. Ranjan stated the federal government is making an attempt to cease counterfeits in handloom sector by engaged on AI-based sample recognition expertise to determine actual merchandise.

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